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29th May 2025 18:44Latin AmericaWeekly Monitor

  • A record agricultural harvest fuelled Brazil’s Q1 growth, but momentum is likely to slow.
  • Services and capex held up, while industrial output shrank due to restrictive monetary policy.
  • The job market’s resilience complicates the COPOM’s position, but conditions will deteriorate soon enough.

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Keywords for: 2 June 2025 LatAm Monitor

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