Global Datanote: Economic activity index, Brazil, October, 2024

• In one line: A decent start to Q4, but downside risks remain for 2025.

Andrés Abadía (Chief LatAm Economist)Global

Global Datanote: Nov. CPI & Oct. IP, India

In one line: No major surprises; red carpet being relaid for rate cuts.

Miguel Chanco (Chief EM Asia Economist)Global

Global Datanote: CPI, Mexico, November, 2024

• In one line: Core inflation continues to fall, allowing Banxico to cut rates further.

Andrés Abadía (Chief LatAm Economist)Global

Global Datanote: CPI, Indonesia, November

• In one line: Moving closer to the lower bound of BI’s target range; S/T stability coming.

Miguel Chanco (Chief EM Asia Economist)Global

Global Datanote: Trade, Indonesia, October

• In one line: An overdue bounce in demand from India moves the export recovery forward.

Miguel Chanco (Chief EM Asia Economist)Global

Global Datanote: Economic activity index, Brazil, September, 2024

• In one line: A solid Q3, but downside risks have emerged.

Andrés Abadía (Chief LatAm Economist)Global

Global Datanote: October CPI & September IP, India

• In one line: A December rate cut is only just barely alive; a weak Q3 GDP print could still sway things.

Miguel Chanco (Chief EM Asia Economist)Global

Global Datanote: CPI, Chile, October, 2024

• In one line: Headline inflation rebounds as electricity tariffs rise.

Andrés Abadía (Chief LatAm Economist)Global

Global Datanote: CPI, Brazil, October, 2024

• In one line: Rising inflation pressures on the back of bad weather conditions. 

Andrés Abadía (Chief LatAm Economist)Global

Global Datanote: CPI, Mexico, October, 2024

• In one line: A modest rebound, but the outlook has deteriorated.

Andrés Abadía (Chief LatAm Economist)Global

Global Datanote: Manufacturing PMI, ASEAN, October

• In one line: A quiet start to Q4.

Miguel Chanco (Chief EM Asia Economist)Global

Global Datanote: Inflation, Switzerland, October 2024

In one line: Downside surprise, SNB will have to ease more than we previously thought.

Melanie Debono (Senior Eurozone Economist)Global

Global Datanote: CPI, India, September

• In one line: Blame the continued reversal of helpful food base effects; m/m trends are still improving.

Miguel Chanco (Chief EM Asia Economist)Global

Global Datanote: Trade, Indonesia, September

• In one line: A quiet end to Q3 for two-way trade, the seasonal bump to the surplus aside.

Miguel Chanco (Chief EM Asia Economist)Global

Global Datanote: BCRP Rate Decision, Peru, September, 2024

• In one line: On hold, as inflation likely to increase marginally in Q4 due to base effects.

Andrés Abadía (Chief LatAm Economist)Global

Global Datanote: CPI, Mexico, September, 2024

• In one line: Subdued inflation pressures, allowing Banxico to cut rates further.

Andrés Abadía (Chief LatAm Economist)Global

Global Datanote: CPI, Brazil, September, 2024

• In one line: A benign inflation report despite a number of threats. 

Andrés Abadía (Chief LatAm Economist)Global

Global Datanote: CPI, Indonesia, September

• In one line: Much more food disinflation ahead.

Miguel Chanco (Chief EM Asia Economist)Global