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6th Dec 2022 15:13Latin America, Daily Monitor

  • Industrial activity in Brazil remained resilient in October, but we think output will fall in Q4 as a whole.
  • Manufacturing surveys are softening, signalling weakness in the industrial sector during most of H1.
  • The BCB will leave the Selic rate on hold today, noting that it is closely watching the fiscal backdrop.

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Keywords for: 7 Dec 2022 LatAm Monitor

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