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11th May 2023 15:12Latin America, Daily Monitor

  • Brazil’s industrial sector gathered strength in March, but the overall longer-term picture remains grim.
  • Tight financial conditions will keep private consumption under pressure, and capex will struggle.
  • Consumer confidence in Colombia is diving, signalling increasing recession risks; Mr. Petro is to blame.

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Keywords for: 12 May 2023 LatAm Monitor

capex, industrial sector, May, private consumption, recession, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence