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16th May 2024 18:32Latin AmericaWeekly Monitor

  • Brazil’s real GDP rebounded in Q1, thanks mainly to improving domestic demand, but risks loom for H2.
  • Fiscal challenges, a weakening external backdrop and bad weather conditions have clouded the outlook.
  • COPOM minutes reinforce the hawkish stance, despite a split vote, and cite fiscal risks to inflation.

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Keywords for: 20 May 2024 LatAm Monitor

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