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24th Oct 2024 20:21Latin AmericaWeekly Monitor

  • Bad weather and energy prices are driving inflation in Brazil and Mexico, challenging policymakers.
  • Weather-related shocks in Brazil are notably contributing to its economic deterioration.
  • COPOM will address these challenges, but further tightening may not improve the inflation outlook.

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Keywords for: 28 October 2024 LatAm Monitor

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