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19th May 2023 15:06Latin America, Weekly Monitor

  • Brazil’s economy was strong in Q1 as a whole, despite March’s month-to-month drop in GDP.
  • Leading indicators point to a solid services sector in Q2, offsetting weakness elsewhere.
  • Manufacturing is struggling, due to high borrowing costs and policy uncertainty, but H2 will be better.

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Keywords for: 23 May 2023 LatAm Monitor

May, policy, q1, services sector, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence