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.
Emerging Asia Chartbook Weekly Monitor
- Colombia’s sticky services inflation, indexation pressures and wage risks limit BanRep’s options.
- The resilient domestic demand and job market are sustaining growth despite fragile external conditions.
- Fiscal uncertainty, political noise and a widening trade deficit challenge BanRep’s cautious stance into 2026.
- Core inflation in Mexico remains stubborn near 4%, prompting Banxico to add a hawkish tilt to its tone.
- GDP growth is weakening as industry shrinks and consumption stagnates amid tighter credit conditions.
- Further rate cuts will hinge on stable inflation, fiscal prudence and limited trade disruption.
- BCCh’s cautious pause reflects sticky core inflation, fragile job data and sensitivity to election-driven noise.
- …Disinflation, a stable CLP and lower energy tariffs will justify a 25bp cut in December.
- Mexico’s GDP shrank in Q3 as industry weakened further and services plateaued; Q4 will be better.
- Mr. Kast has steady support in Chile, but fragmented politics and social tensions cloud reform prospects.
- Macro fundamentals remain sound, though capex weakness limits near-term growth momentum.
- Fiscal credibility and governance will determine the durability of Chile’s post-election market stability.
- Mexico’s industrial output fell, as mining and construction wiped out fragile manufacturing gains.
- The job market is cooling and falling remittances are squeezing incomes, hurting private consumption.
- Fiscal stimulus and Banxico rate cuts will cushion growth, but recovery prospects remain fragile.
- Peru’s Congress has impeached President Boluarte, amid surging crime and collapsing support.
- Interim President Jerí assumes office with a limited mandate; restoring confidence will be a challenge.
- Peru’s economy is holding firm despite the saga, supported by strong institutions and fundamentals.
- A mining accident disrupted output in Chile, hurting activity, while commerce provided stability.
- Fiscal revenues rose on higher royalties and copper prices, though election-year spending risks persist.
- A right-wing political shift would bring business friendly reforms, likely boosting investor confidence.
LATAM ACTIVITY WEAKENS AS POLICY STAYS RESTRICTIVE…
- …DISINFLATION ADVANCES, BUT CORE PRESSURES CLOUD OUTLOOK
