Economics
Latin America’s Growth Woes Laid Bare in Fresh Inflation Data
- Mexico’s annual CPI falls to 3-year low; Brazil hits deflation
- GDP growth in both countries seen falling short of 1% in 2019
A taxi cab passes in front of the Plaza de la Constitucion (Zocalo) in Mexico City.
Photographer: Alejandro Cegarra/BloombergThis article is for subscribers only.
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Inflation is receding in Latin America’s two largest economies in a fresh sign of the growth challenge facing their central banks as they slash interest rates in attempts to revive weak demand.