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12th Nov 2025 10:37Latin AmericaDaily Monitor
  • Inflation in Brazil fell markedly in October, driven by a stronger BRL and softer domestic demand.
  • Services are the main growth anchor, while retail sales have weakened due to tight credit and uncertainty.
  • The hawkish hold from the COPOM prepares markets for gradual 2026 rate cuts amid ongoing risks.

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Keywords for: 14 November 2025 LatAm Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence