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24th Jul 2024 10:26Latin AmericaDaily Monitor

  • Brazil’s IPCA-15 inflation overshot expectations, driven by transportation and housing costs.
  • Brazil’s currency sell-off increases inflation risks, complicating COPOM’s monetary policy decisions.
  • Mexico’s headline inflation jumped in mid-July, due largely to a non-core inflation spike; core is subdued.

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Keywords for: 26 July 2024 LatAm Monitor

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