MNI Latam Week Ahead – Brazil GDP, Chile/Colombia Inflation

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Our Latam Week Ahead document highlights the major data releases and events scheduled across Latam next week. The document also includes the most pertinent macro developments over the past week.

• In Brazil, Q4 GDP growth is expected to slow further as the very restrictive monetary policy stance continues to weigh on the economy.
• Meanwhile, Chile CPI inflation looks set to dip further below the 3% target in February, keeping the door open to a potentially final BCCh rate cut later in March.
• In contrast, core inflation pressures are likely to rise further in Colombia as the impact of the minimum wage increase continues to feed through, keeping pressure on BanRep to hike rates further for now.
• Elsewhere, President Milei will open the ordinary sessions of Congress in Argentina on Sunday 1st March, when he will set out his policy agenda for the coming year.