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29th Jul 2024 09:43Latin AmericaDaily Monitor

  • Brazil’s current account deficit is widening, driven by both domestic factors and global headwinds.
  • Mexico’s trade balance has deteriorated, hit by fewer oil exports and ongoing manufacturing weakness.
  • Both nations must address economic uncertainties; tight financial conditions will keep a lid on imports.

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Keywords for: 30 July 2024 LatAm Monitor

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