Pantheon Publications
Below is a list of our Publications for the last 6 months. If you are looking for reports older than 6 months please email info@pantheonmacro.com, or contact your account rep.
Please use the filters on the right to search for a specific date or topic.
Andrés Abadía (Chief LatAm Economist)
- In one line: On hold, as core inflation remains sticky.
Andrés Abadía (Chief LatAm Economist)Latin America
- The BCRP left rates unchanged, defying expectations once again, as core inflation remains sticky in Peru.
- Muted inflation and soft economic activity will allow further policy normalisation in H2.
- Another boost for President Milei as inflation in Argentina slowed in May, undershooting expectations.
Andrés Abadía (Chief LatAm Economist)Latin America
- A whirlwind start for President Milei in Argentina; reforms, protests, economic turmoil…and disinflation.
- The Senate has narrowly approved a controversial bill giving him a badly needed first legislative victory.
- Brazil’s retail sales rise in April but undershoot expectations; the medium-term outlook is worsening.
Andrés Abadía (Chief LatAm Economist)Latin America
- Brazil — Extending losses amid uncertainty
- Mexico — Increased political risk rattling markets
- Colombia — Struggling amid fiscal uncertainty
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: Manufacturing remains under strain and the near-term outlook is difficult.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: Hit by increased food prices, due to the floods in the south.
Andrés Abadía (Chief LatAm Economist)Global
- In one line: Hit by increased food prices, due to the floods in the south.
Andrés Abadía (Chief LatAm Economist)Latin America
- Brazil faces an uphill inflation battle amid multiple headwinds, despite relatively subdued core pressures.
- The floods, BRL sell-off and fiscal woes have intensified the COPOM’s inflation challenges.
- Mexico’s industry is struggling due to a manufacturing slump, while construction remains resilient.
Andrés Abadía (Chief LatAm Economist)Latin America
- Brazil’s trade surplus is holding steady, despite exports slowing amid challenging conditions…
- …Imports are showing signs of recovery, but tight financial conditions are limiting growth.
- Colombia’s current account deficit has shrunk, despite weak domestic demand and ongoing challenges.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: Upside pressures will keep policymakers on the alert.
Andrés Abadía (Chief LatAm Economist)Global
- In one line: Upside pressures will keep policymakers on the alert.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: Modest core pressures point to further monetary easing this month.
Andrés Abadía (Chief LatAm Economist)Global
- In one line: Modest core pressures point to further monetary easing this month.
Andrés Abadía (Chief LatAm Economist)Latin America
- Mexico eyes further monetary easing amid subdued core inflation, but politics are now a huge threat.
- Chile’s inflation likely will resume its downtrend despite the recent uptick, thanks to the CLP rebound.
- Rising electricity tariffs, however, pose an upside risk to the inflation outlook; the BCCh is on the alert.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: A mixed performance on a sequential basis, but downside risk
prevailing.
Andrés Abadía (Chief LatAm Economist)Latin America
- The MXN has steadied after the election shock, but populist reform fears linger.
- A mixed start for Brazilian industry in Q2, but the floods in the south have dented the outlook.
- The rebound will resume in H2 but faces headwinds from still-tight financial conditions and weak demand.
Andrés Abadía (Chief LatAm Economist)Latin America
- Brazilian Real — Tumbling amid policy uncertainty
- Mexican Peso — Hurt by MORENA’s landslide victory
- Argentinian Peso — Plunges amid policy uncertainty
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: A solid Q1, but conditions have worsened recently.
Andrés Abadía (Chief LatAm Economist)Global
- In one line: A solid Q1, but conditions have worsened recently.
Andrés Abadía (Chief LatAm Economist)Latin America
- Brazil’s economic rebound faces a number of headwinds despite solid Q1 growth.
- High interest rates and severe floods will dampen Brazil’s growth prospects over the coming quarters.
- Inflation in Peru cooled in May, paving the way for further rate cuts amid policy uncertainty.
Andrés Abadía (Chief LatAm Economist)Latin America
