Pantheon Macroeconomics

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21st Apr 2023 14:48Latin America, Weekly Monitor

  • Brazil’s industrial sector is struggling, but interest rate cuts from H2 onwards will prevent a collapse.
  • February retail activity in Mexico was weak, and we expect further bad news in the very near term.
  • High inflation and tight financial conditions are biting, but these drags will ease from Q3 onwards. 

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Keywords for: 24 Apr 2023 LatAm Monitor

financial conditions, h2, industrial sector, inflation, interest rate, interest rate cuts, interest rates, latam, mexico, q3, rate cuts, retail, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence