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1st Sep 2025 12:59Latin AmericaWeekly Monitor

  • Inflation in Brazil eased to 5.0% in August, helped by falling food prices and stronger BRL support.
  • GDP growth slowed sharply in Q2, as earlier momentum in agriculture, industry and services faded.
  • US tariffs and widening external deficits remain risks, keeping the COPOM cautious and Selic rate at 15%.

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Keywords for: 2 September 2025 LatAm Monitor

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