Job gains stayed more concentrated in the informal sector, with the informality rate up to 55.1% from 54.9% in July. Despite of the latter, it still implies a reduction of 5.3 million jobs relative to the level observed in March. Going to those perso...

Exports keep showing a stronger performance (-7.7% y/y) relative to imports (-22.1%), driving the surplus higher. We expect exports to keep improving, driven by external demand, with imports lagging on weak domestic performance. Trade balance: US$6,1...

Covid-19continues to oscillate between a source of gloom (new waves of infections even in those countries previously successful in their control of it, lasting economic damage to traditional businesses) and one of optimism (partial control of infecti...

Today’s report helps confirm that the lowest point for activity was observed in May, although with timely indicators more mixed in terms of the likely trend for activity during the rest of 3Q20. In this respect and taking a look at the breakdown – us...

Bolivia’s Presidential election re-run, now scheduled for 18 October, looks set to be a two-horse race between the leftist candidate Luis Arce of the MAS party of former (now exiled) President Evo Morales and centrist former President Carlos Mesa, af...

In a unanimous decision, Banxico cut the reference rate by 25bps to 4.25%, in line with consensus and our expectations. Banxico cut the reference rate by 25bps to 4.25%. Modest, but important, changes to the statement. Balance of risks unchanged. On...