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.
Andrés Abadía (Chief LatAm Economist)
- Chile’s economic recovery faces challenges from weak sentiment and external risks.
- Fiscal issues persist as the government plans spending cuts to address revenue shortfalls ahead.
- Inflation in Peru remains within the target range, signalling that the end of the easing cycle is nearing.
Andrés Abadía (Chief LatAm Economist)Latin America
- Brazilian Real — Fiscal noise has hit badly
- Colombian Peso — Resilient, but downside forces loom.
- Chilean Peso — External pressures and copper dynamics.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: Solid, but high interest rates will be a drag.
Andrés Abadía (Chief LatAm Economist)Latin America
- Brazil’s economy performed strongly in Q3, despite the hit from elevated real interest rates.
- Solid private consumption and resilient capex offset the drag from less supportive external conditions.
- The outlook is deteriorating, as higher rates—due to fiscal noise—start to stifle economic activity.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: Solid, but high interest rates will be a drag.
Andrés Abadía (Chief LatAm Economist)Latin America
- Mexico’s outlook for the coming quarters has deteriorated, but H2 2025 shows promise.
- US tariffs may disrupt supply chains and harm both nations, but pragmatism likely will prevail.
- Fiscal consolidation strategies seek to stabilise the economy amid rising inflation and external threats.
Andrés Abadía (Chief LatAm Economist)Latin America
LATAM ECONOMIES FACE UNCERTAIN PATH UNDER TRUMP 2.0…
- …AMPLIFYING INFLATION RISKS AND ECONOMIC PRESSURES
Andrés Abadía (Chief LatAm Economist)Latin America
- Peru’s economy is thriving thanks to low inflation and interest rate cuts, despite external challenges.
- The near-term outlook remains positive, yet risks loom from Donald Trump’s potential policies.
- The Chancay mega-port positions Peru as a key player in global trade but introduces significant risk.
Andrés Abadía (Chief LatAm Economist)Latin America
- Inflation is surging in Brazil due to temporary shocks, complicating matters for the COPOM.
- Colombia’s recovery continues, yet growth momentum remains subpar due to still-high interest rates…
- …The fiscal debate is intensifying, with significant budget cuts and worries about revenue shortfalls.
Andrés Abadía (Chief LatAm Economist)Latin America
- Chile’s Q3 real GDP growth was driven by mining and manufacturing; private consumption is weak.
- Interest rate cuts likely will continue, but the end is approaching as inflation rises and global risks loom.
- The external balance is improving, but higher import costs and global trade tension threaten the recovery.
Andrés Abadía (Chief LatAm Economist)Latin America
- Economic activity is slowing as inflation remains benign, raising rate-cut expectations for Banxico…
- …But external pressures and domestic challenges will complicate monetary policy decisions.
- Fiscal uncertainty looms as government revenue targets clash with growth forecasts for 2025.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: A modest cut while keeping the door open for further reductions.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: A solid Q3, but downside risks have emerged.
Andrés Abadía (Chief LatAm Economist)Latin America
- Recent data indicate Brazil’s Q3 GDP growth should be strong, but worries are mounting for 2025.
- Lula’s government is facing pressure to implement fiscal adjustments to prevent a downturn in H1.
- Banxico faces uncertainty as external factors complicate its future decisions on rate adjustments.
Andrés Abadía (Chief LatAm Economist)Latin America
- Brazil — Hit by global and domestic uncertainty
- Mexico — Trump 2.0 hurting prospects
- Colombia — Uncertainty looming large
Andrés Abadía (Chief LatAm Economist)Latin America
- The US election result signals economic challenges for LatAm, amid rising inflation and interest rates.
- Peru’s BCRP has adopted a cautious stance due to global uncertainty and potential US tariff impacts.
- Chile is facing deteriorating economic conditions as inflation surges and the CLP weakens sharply.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: Headline inflation rebounds as electricity tariffs rise.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: Rising inflation pressures on the back of bad weather conditions.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: A modest cut; approaching the end of the easing cycle.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: A modest rebound, but the outlook has deteriorated.
Andrés Abadía (Chief LatAm Economist)Latin America
