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22nd May 2025 18:08Latin AmericaDaily Monitor

  • Disinflation has resumed in Brazil, with transportation prices falling and only a modest rise in food prices.
  • The strong BRL, falling commodity prices and softening demand signal continued disinflation in H2.
  • The fiscal outlook is fragile, despite short-term gains, with rigid spending and political resistance to reform.

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Keywords for: 28 May 2025 LatAm Monitor

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