Latin America Publications
Below is a list of our Latin America Publications for the last 5 months. If you are looking for reports older than 5 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.
Ian Shepherdson (Chief Economist, Chairman and Founder) Andrés Abadía (Chief LatAm Economist)
- Brazilian Real — Under strain as trade risk rises
- Mexican Peso — Holding firm amid headwinds
- Colombian Peso — Rally ended by an array of risks
- Chile's non-mining sectors remain robust, helped by strong consumption and improving investment.
- The slump in mining output is weighing on headline growth, but external demand and copper are buffers.
- Fiscal pressures are rising as revenues lag behind target, raising the risk of budget-tightening ahead.
- Sticky core inflation and rising wage risk delay further cuts in Colombia, despite headline disinflation.
- Governor Villar flagged the worsening public finances; FM Bonilla offered little clarity on budget plans.
- We expect a shallow easing cycle, with cuts resuming only if inflation risks ease meaningfully.
- In one line: Industrial output disappoints again as tariffs loom.
- In one line: Mining volatility drags on Q2, but growth outlook holds firm.
- Mexico’s industrial and service sectors rebounded in Q2, offsetting weak agriculture.
- The US tariff extension brings near-term relief, supporting manufacturing, exports and capex.
- Domestic policy volatility, weak sentiment and a real wage slowdown still weigh on broader momentum.
LATAM RECOVERY REMAINS UNEVEN AMID POLICY AND RISK…
- …DISINFLATION IS PROGRESSING, BUT GROWTH REMAINS FRAGILE
- In one line: Labour market still strong, but momentum set to fade.
- In one line: Retail strength holds; mining hit by temporary setback.
- In one line: On hold, signalling caution amid heightened uncertainty.
- In one line: Solid momentum but headwinds lingering.
