Latin America’s Largest Economies See Annual Inflation Slowdown

Brazil’s and Mexico’s inflation slowed earlier this month as central bankers in both nations cautiously gauge how much room they have for interest rate cuts in 2026.

Official data released Tuesday showed Brazil’s consumer prices rose 4.41% in early December from a year prior, down from 4.50% previously. Mexico’s prices increased 3.72% in the first two weeks of the month compared to the same period in 2024, below the 3.99% print registered in late November.