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  • Brazil’s IBC-BR signals a tightening-driven slowdown, hitting industry & services; agriculture eases the pain.
  • Chile’s polarised first-round election results reshape political alliances, setting the stage for the run-off.
  • Peru’s BCRP held rates at 4.25%, as soft inflation and resilient activity encounter a cautious global backdrop.

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Keywords for: 18 November 2025 LatAm Monitor

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