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LatAm Weekly

Mockus Gains Ground in Colombia Polls

EXECUTIVE SUMMARY

In Brazil, current inflation this week showed signs of stabilizing, though at a high rate, while inflation expectations continued to deteriorate, though at a slower pace. Meanwhile, markets and analysts remain divided in their predictions for the COPOM's rate hike at the end of April: either 50 or 75 basis points (bps). In Argentina, consumer confidence improved in April, and economic activity posted solid gains in February. In Colombia, retail and industrial production results suggest a slow recovery in domestic demand. Recent polls portend a tough battle for the[...]

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