INSUBCONTINENT EXCLUSIVE:
The last week of October 2024 brings a flurry of economic activity across Latin America
rate continues its downward trend in September
Analysts predict a seasonally adjusted rate of 6.5%, a record low since 2012
This positive trend reflects a growing job market and rising wages
show faster growth than the first half of the year
The economy is operating near its potential, with a slightly positive output gap
Banxico forecasts weaker growth for 2025.Economic Pulse of Latin America: A Week of Key Indicators and Decisions
This decision would continue the easing cycle that began in December
for September is projected to increase by 1.2% compared to last year
This suggests a monthly decrease following strong gains in August and July
The data remains uneven but points to a recovery in industrial output.Key Events by CountryBrazilOn October 31, Brazil will release its
September unemployment rate
Analysts expect a seasonally adjusted rate of 6.5%, with wage growth outpacing inflation
and Industrial Production Index on October 30
Retail sales are expected to rise 4.2% year-on-year, while industrial production may increase by 1.2%.ColombiaThe Bank of the Republic of
Colombia will hold its Monetary Policy Meeting on October 30
will be released on October 28
Week of Key Indicators and Decisions
