SPDR® S&P Emerging Latin America ETF
Mexican economic recovery dragged down by industry and agriculture
Despite signs of recovery within the services sector, the agricultural and industrial sectors are dragging down economic growth. The global economic indicator, as published by the Mexican Institute for Statistics and Geography, registered the third mild growth of the year in March. Despite its lagging nature, the indicator offers insight into how each of the […]
Mexico’s unemployment is not showing signs of recovery
While it may not come as a surprise, the worsening unemployment means the economy is not improving Unemployment is a key indicator of economic health. It is a lagging indicator, and that means it is better at confirming trends, especially downward trends, since unemployment rises faster than it falls. After the tease drop in February, […]
Brazilian IGP-M Inflation Index points to moderate inflation
The April reading of the IGP-M Index in Brazil showed that consumer prices were relatively stable through mid-April. Recall that in mid-April the central bank in Brazil decided to raise interest rates 25bps to 7.5% to avoid inflation to go higher. Many analysts felt the hike was not aggressive enough and it would fail to […]
Mexico’s unemployment worsened in March
After a strong decline in February, Mexico’s unemployment climbed back up just above 5%. Unemployment is a lagging indicator.
Peru’s GDP expectations increase across the board
The latest survey by the Peruvian Central Bank showed that GDP growth expectations were up in January, which is a positive development after many investors thought Peru was losing steam.