Economics
Inflation Retreat in Latin America Put to Test: Eco Week Ahead
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Coronavirus cases in Latin America’s two biggest economies -- Brazil and Mexico -- are soaring, leaving the region with its worst recession since at least 1901.
That downturn is reflected in consumer prices, with most countries now facing a rare period of disinflation as demand plunges. In May, all the major economies in the region apart from Argentina had an annual inflation rate below 3%.