Brazil was hit particularly hard by the COVID-19 pandemic, which by end-June 2020 had killed cওlose to 60,000 people and had virtually halted the economy. Before the pandemic, Brazil was still slowly recovering from the 2015-2016 economic recession. ...

Chile is a relatively small economy, ranking 43rd globally and fifth in Latin America in 2019 according to the IMF. However, its retail sector is well developed🍃, mature and sophisticated, and in many aspects on a par with those of developed countries ...

The extraction of oil and gas is one of Argentina’s main economic sectors, accounting for 8% of GDP and 2.5% of exports in 2019, as well as 1% of total emp𒊎loyment at the end of that year. After a decade of underinvestment, the production of ...

2019 was a challenging period for the banking sector in Argentina. Starting in April 2018, an economic contraction unfolded, continuing🦂 throughout 2019, deteriorating business activity. A sharp devaluation of the Argentine peso and a jump in ...

In 2019, motor vehicle output an🥀d sales in Brazil🔜 expanded for the third consecutive year, thanks to the recovery of the economy from the 2015-2016 recession, the improving labour market and declining borrowing costs. However, sector growth ...

Brazil ranks among the leading global chemical markets, a𒅌ccounting for 2.6%🌄 of the industry’s total net sales in 2018 and ranking sixth in the world. In 2019, sectoral turnover fell by 4.2% y/y to USD 118.7bn, as the local economy posted its ...

In 2019, retail sale✱s in Brazil expanded for the third year in a row, by 1.8% y/y in volume terms due to the improvi🌱ng labour market and declining borrowing costs, which supported the disposable income of the population. Additional positive factors ...

Mexico is the second largest economy in Latin America in terms of nominal GDP, and thereby a key consumer market in the region with a population of over 126mn as of December 2019. Oꦿver the period 2014-2019, the retail trade sector performed well, ...

Brazil's power consumption accelerated slowly in 2017 and 2018, going hand in hand with the slugg🅠ish recovery of domestic economy. In addition, as of late 2019 businessmen and investors were still evaluating the commitment and ability of president ...

The direct and indirect econom♌ic contribution of Brazil’s tourism and leisure sector reached BRL 551.5bn (USD 139.9bn) in 2019 or 7.7% of the country’s GDP, according to the World Travel and Tourism Council (WTTC). The sector has a major ...