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.
stock market
- 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
- Brazil’s retail sector was under strain in Q3, due to high inflation and increased interest rates.
- The labour market remains robust for now, but the near-term outlook is deteriorating.
- Consumer confidence in Colombia remain resilient, but high inflation and high political risk will hurt soon.
Andres Abadia (Senior International Economist)Latin America
- Mexico’s GDP likely rose marginally in July, but a modest downtrend will emerge soon.
- Argentina’s economy remained surprisingly resilient in H1, but the outlook has deteriorated rapidly.
- Inflation is rebounding, rates will continue to be hiked, and external conditions have worsened.
Andres Abadia (Senior International Economist)Latin America
- 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
- Inflation in Mexico rose in August, meeting expectations, allowing Banxico to hike by 50bp this month.
- The inflation picture remains ugly in Chile, but the recession likely will push it down in Q4.
- The BCCh surprised markets by increasing the main rate by 100bp, but it adopted a neutral bias.
Andres Abadia (Senior International Economist)Latin America
- The full reopening of the economy and further fiscal support have allowed Brazil to enjoy a solid H1.
- The recovery of the job market has also helped, off-setting the drag from high inflation and rates.
- Chile’s economy is in trouble and leading indicators tell a story of depressed conditions in H2.
Andres Abadia (Senior International Economist)Latin America
- 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
