Posts Tagged ‘Industrial Production’

Brazil H210 Slowdown Gathering Steam

Thu Aug 5, 2010 16:40 GMT  | Leave a Comment

My long-standing view that growth will cool considerably in Brazil in the latter part of 2010 is now firmly playing out, with latest industrial production data again surprising consensus expectations to the downside. June figures reveal a 1.0% month-on-month (m-o-m) contraction, the sharpest fall since the height of Brazil’s recession in December 2008. With the… [Read more]

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Posted in: Inflation/Deflation, Latin America Leave a Comment

Mexico: The Margarita Crisis

Mon Mar 2, 2009 17:01 GMT  | Leave a Comment

February was a bad month for the Mexican peso, hitting record low after record low, before closing out the month some 7% weaker than where it had started. Yet while Mexican Finance Minister Augustín Carstens assures us all that the currency is oversold, Mexico’s economic readings appear to be telling a very different story. In… [Read more]

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Posted in: Currencies, General, Latin America Leave a Comment

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