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LatAm Weekly

Inflation Outlook Brightens for Brazil

EXECUTIVE SUMMARY

In Brazil, activity indicators suggest growth is consolidating at a diminished pace in Q2 2010, while inflation and inflation expectations continue to improve. This is still in line with our view that the central bank is likely to continue the tightening cycle in July. In Mexico, economic indicators continue to suggest that the external sector boosted growth in H1 2010 as the domestic demand recovery inched along. Meanwhile, security concerns are damaging business and investor confidence in the country, according to a poll by International SOS Assistance. In Chile and[...]

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