Pantheon Macroeconomics

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24th Jan 2023 15:08Latin America, Daily Monitor

  • Inflation surprised to the upside in Brazil and Mexico in January; high indexation and inertia are to blame.
  • The picture will improve soon, thanks to stuttering economic activity and tighter financial conditions.
  • Upside risks remain, though, forcing central banks to maintain a hawkish tone over the coming meetings.

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Keywords for: 25 Jan 2023 LatAm Monitor

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