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9th Oct 2024 15:04Latin AmericaDaily Monitor

  • Brazil’s inflation data show subdued pressures but rising risk from oil prices and drought conditions.
  • The retail sales decline signals economic headwinds as Brazil faces tighter financial conditions ahead.
  • Banxico will keep cutting interest rates in Q4 as the inflation picture continues to improve.

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Keywords for: 11 October 2024 LatAm Monitor

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