Pantheon Macroeconomics

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Latin America Publications

Below is a list of our Latin America Publications for the last 6 months. If you are looking for reports older than 6 months please email info@pantheonmacro.com, or contact your account rep

Please use the filters on the right to search for a specific date or topic.

domestic demand

12 Jan 2023 LatAm Monitor Resilient, Despite Increased Political Noise

  • Brazil — Political chaos will have a limited effect
  • Mexico — A solid start to the year
  • Peru — Ignoring once again another political crisis

Andres Abadia (Senior International Economist)Latin America

12 Oct 2022 LatAm Monitor Inflation Continues to Fall Rapidly in Brazil

  • Inflation in Brazil continued to fall rapidly in September, thanks to the lagged effect of tax cuts.
  • Softening domestic demand and tighter financial conditions are also helping to bring inflation down.
  • This is bringing comfort to policymakers, but high fiscal uncertainty will limit the room for manoeuvre.

Andres Abadia (Senior International Economist)Latin America

7 Oct 2022 LatAm Monitor Brazil's Industrial Sector Likely will Contribute to GDP growth in H2

  • Brazil’s industrial sector was under pressure in August, but the near-term outlook is positive.
  • Improving domestic fundamentals likely will offset the drag from deteriorating external conditions.
  • The inflation picture remains ugly in Colombia, with the headline rate still climbing rapidly.

Andres Abadia (Senior International Economist)Latin America

27 Sept 2022 LatAm Monitor July IGAE Showed a Resilient Mexican Economy, but Not for Long

  • Mexico’s economy was resilient at the start of Q3, thanks to improving manufacturing activity...
  • ...But sentiment indicators and survey data suggest that a slowdown will probably emerge soon.
  • Brazil’s eternal accounts remain healthy, despite the recent deterioration on a sequential basis.

Andres Abadia (Senior International Economist)Latin America

23 Sept 2022 LatAm Monitor A Divided COPOM Ends the Hiking Cycle with a Hawkish Tone

  • Brazil’s COPOM ends the tightening cycle, as inflation is finally cooling, thanks mainly to tax cuts...
  • ...But it was a split and hawkish decision, and rate cuts won’t be on the table anytime soon.
  • Inflation pressures persist in Mexico, particularly at the core level, but not for much longer.

Andres Abadia (Senior International Economist)Latin America

21 Sept 2022 LatAm Monitor The Economic Recovery is Petering Out in Colombia as Inflation Bites

  • Colombia's economic activity index confirmed that the recovery stalled in July, due to high inflation.
  • Growth momentum will continue to peter out in the very near term; conditions likely will stabilise in Q4.
  • The COPOM likely will keep the Selic rate on hold today, and throughout the remainder of the year.

Andres Abadia (Senior International Economist)Latin America

12 Sept 2022 LatAm Monitor August's CPI Data in Brazil Are Good Enough to Prevent More Rate Hikes

  • The headline rate of CPI inflation continues to fall rapidly in Brazil, thanks to recent tax reductions...
  • ...But policymakers remain on alert, as the core rate remains sticky, especially non-administered prices.
  • Peru’s central bank slowed the march to 25bp; the end of the tightening cycle is near.

Andres Abadia (Senior International Economist)Latin America

31 Aug 2022 LatAm Monitor Chile's Economy Struggles Ahead of the Constitutional Referendum

  • Chile’s labour market is under renewed strain and survey data point to a challenging H2...
  • ...High inflation, tighter financial conditions, increased interest rates, and elevated political risks are drags.
  • Chileans will vote on Sunday on a new constitution, but uncertainty will persist regardless.

Andres Abadia (Senior International Economist)Latin America

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Keywords for: Latin America

Latin America Document Vault, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence