- Brazil’s GDP rose strongly in Q1, bouncing to 4.0% year-over-year, from 1.9% in Q4, thanks to solid farm output...
- ...But the details of the report highlight that the econo- my is not strong, and that rate cuts are badly needed.
- The labour market remains resilient, but increased real interest rates are now a big threat.
Andres Abadia (Senior International Economist)Latin America
- In one line: The labour market was resilient at the start of Q2.
Andres Abadia (Senior International Economist)Latin America
- In one line: On hold, but the caution will start to fade soon.
Andres Abadia (Senior International Economist)Latin America
- In one line: Still hawkish, but a dovish tone likely will emerge next month.
Andres Abadia (Senior International Economist)Latin America
- In one line: The labour market continues to show signs of weakness.
Andres Abadia (Senior International Economist)Latin America
- In one line: On hold and on the sidelines in the near term, due to high uncertainty.
Andres Abadia (Senior International Economist)Latin America
- In one line: A resilient labour market in Q4, but we expect a weak H1.
Andres Abadia (Senior International Economist)Latin America
- In one line: The fight against high inflation is probably over, rate cuts likely will come soon.
Andres Abadia (Senior International Economist)Latin America
- In one line: No signs of a pivot despite falling inflation and inflation expectations.
Andres Abadia (Senior International Economist)Latin America
- 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
Inflation continues to fall rapidly in Brazil, but increased fiscal uncertainty remains a threat.
Headline inflation in Mexico surprised to the downside again in November, but the core remains sticky.
Softening demand, favourable base effects and high interest rates will push core inflation down soon.
Andres Abadia (Senior International Economist)Latin America
- Colombia’s President had a decent first 100 days in office, with the tax reform as a key achievement...
- ...But conflicting signals, between radicalism and orthodoxy, have hurt and will keep investors on alert.
- BanRep is likely to raise the policy interest rate further, owing to persistent price pressures.
Andres Abadia (Senior International Economist)Latin America
