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☆ I went on a romantic getaway with a guy I'd just started dating. I realized he wasn't into me in the middle of the trip.
▼ + stars: | 2024-01-21 | by ( Emy Rodriguez Flores | ) www.businessinsider.com time to read: +4 min

He was the first guy I'd liked since moving to Barcelona. AdvertisementThe getaway started with a long road trip, but something was offAt what felt like the crack of dawn, I woke up and quickly got ready for our journey. During coffee, I noticed him acting a little different, but I just chalked it up to the long road trip and the time. Either way, we spoke the entire trip, and it felt like I was getting to know him better. Walking over to check it out, I felt him do the same, and at one point, I felt tension as we looked out from the terrace.

Persons: I'd, gasped, William Shakespeare Organizations: Service, Michelin Locations: Barcelona, Europe, Valladolid, Abadía

☆ Mexico's one big advantage over the US right now could stall the 'Made in America' push
▼ + stars: | 2024-01-20 | by ( Jacob Zinkula | Matt Turner | ) www.businessinsider.com time to read: +7 min

Read previewThe push by US businesses to make more stuff in America has an ongoing challenge: It's hard to find workers. Ulbrich says this stands in sharp contrast to Mexico, whose growing manufacturing base could entice companies to make supply chain investments there, rather than in the US. Even as the pandemic-era labor shortage has eased, the demand for construction and factory workers has continued to exceed supply. Mexico's median age is roughly 30, he added — compared to nearly 40 in China — which has contributed to a strong labor supply. Compared to Mexico, manufacturing in the US would likely offer businesses reduced supply chain disruptions and lower transportation costs.

Persons: —, Christian Ulbrich, Ulbrich, Matt Turner, Biden, Houthi, Tesla, Susan Golicic, Andres Abadia, Abadia, Luis Torres, Colorado State's Golicic, Golicic Organizations: Service, Business, Economic, General Motors, Intel, Companies, Ford, Reuters, Colorado State University, US, Pantheon Macroeconomics, Federal Reserve Bank of Dallas Locations: America, Mexico, Ukraine, Taiwan, Canada, China, Asia, shoring, San Antonio, Tennessee, Alabama, Colorado

☆ Mexico inflation still easing but rate cuts seen only next year
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +2 min

A man buys vegetables at a stall in an outdoor market in downtown of Ciudad Juarez, Mexico July 27, 2023. Consumer prices rose 0.38% in October, according to non-seasonally adjusted figures, mainly driven by core inflation including higher food, beverage and service costs. The annual headline inflation reading came in slightly below economist forecasts in a Reuters poll, which stood at 4.28%. The closely monitored core index, which strips out some volatile food and energy prices, rose 0.39% during the month, while annual core inflation came in at 5.5%, in line with market expectations. "This report strengthens our view that headline inflation will remain under control over the coming months," said Pantheon Macroeconomics chief Latin America economist Andres Abadia, but "admittedly services inflation is still a bit sticky.

Persons: Jose Luis Gonzalez, Jason Tuvey, Banxico, Andres Abadia, Gabriel Araujo, Steven Grattan, Mark Heinrich Our Organizations: REUTERS, Bank of, Capital, Sao Paulo, Thomson Locations: Ciudad Juarez, Mexico, Bank of Mexico, Banxico, America, Sao

SANDY, Utah (AP) — Alex Morgan missed a penalty at the end of the first half and the United States settled for a scoreless draw with Colombia in an exhibition game on Thursday night. The game, played in chilly temperatures in the mid-30s, was the first of two matches against Colombia. 22 in the world, advanced to the quarterfinals at the Women's World Cup this past summer for the first time. Colombia, which has also qualified for the Olympics, had not played since the World Cup. Catalina Usme, who scored two goals during the World Cup, was unavailable because of an injury.

Persons: — Alex Morgan, Morgan's, “, Emily Sonnett, Cafeteras, Twila Kilgore, Becky Sauerbrunn, “ It's, it's, I'm, ” Sauerbrunn, we've, ” Sophia Smith, Smith, Natalia Girlaldo, Jaedyn Shaw, Linda Caicedo, Catalina Usme, Angela Marsiglia, Nelson Abadía, ___ Organizations: Colombia, England, Paris Olympics, U.S, Soccer, Olympics, Real Mardrid Locations: SANDY, Utah, United States, Colombia, San Diego, Fort Lauderdale , Florida, Frisco , Texas, China

☆ Mexican core inflation slows more than expected to 20-month low
▼ + stars: | 2023-09-07 | by ( Natalia Siniawski | ) www.reuters.com time to read: +2 min

That drop was off the back of lower core goods inflation, Capital Economics analyst Jason Tuvey said, while services inflation - which central bank board members have described as "sticky" - remained above 5% year over year. Annual core inflation in the second half of the month was "good news," said central bank board member Jonathan Heath on social media network X. Headline inflation edged downward to 4.64% in the month, in line with market expectations and its lowest since March 2021. That was driven by softer core price pressures, Capital's Tuvey said, but with inflation in the services sector still proving stubborn, the central bank is still unlikely to kick off an interest-rate easing cycle soon. The closely watched core price index rose 0.27% during the month (MXCPIX=ECI).

Persons: Jose Luis Gonzalez, Jason Tuvey, Jonathan Heath, Capital's Tuvey, Andres Abadia, Natalia Siniawski, Kylie Madry, Frances Kerry, Aurora Ellis Organizations: REUTERS, Capital, Reuters, of, Macroeconomics, America, Thomson Locations: Ciudad Juarez, Mexico, of Mexico

☆ Colombia 'dreaming big' ahead of England quarter-final
▼ + stars: | 2023-08-09 | by ( Ian Ransom | ) www.reuters.com time to read: +3 min

World number 25 Colombia are by far the lowest ranked among the quarter-finalists but captain Catalina Usme insists they can go all the way. Former finalists Brazil are usually the top South American team at the tournament but Colombia have stolen their thunder. Colombia failed to qualify for the 2019 Women's World Cup in France but have been building for the current showpiece for years by investing in youth. Saturday's quarter-final at Stadium Australia should produce another electric atmosphere, pitting the Colombian supporters against Sydney's big community of English immigrants and expats. Abadia said Colombian fans' excitement was justified.

Persons: Catalina Usme, Carolina Arias, Lorena Bedoya, Read, Usme, Nelson Abadia, Linda Caicedo, Ana Maria Guzman, Guzman, We've, Abadia, Ian Ransom, Miral Organizations: Soccer Football, FIFA, South, Jamaica, Brazil, Copa America, Real, Colombian, Thomson Locations: New Zealand, Colombia, Jamaica, Melbourne, Australia, Lorena Bedoya Durango, MELBOURNE, England, Germany, Colombian, Brazil, France, Real Madrid

☆ Usme leads Colombia to first World Cup quarter-finals
▼ + stars: | 2023-08-08 | by ( Ian Ransom | ) www.reuters.com time to read: +3 min

[1/5] Soccer Football - FIFA Women’s World Cup Australia and New Zealand 2023 - Round of 16 - Colombia v Jamaica - Melbourne Rectangular Stadium, Melbourne, Australia - August 8, 2023 Colombia's Catalina Usme celebrates scoring their first goal REUTERS/Hannah MckayMELBOURNE, Aug 8 (Reuters) - A second-half goal by Catalina Usme fired Colombia to a 1-0 win over Jamaica on Tuesday and carried the South Americans to their first Women's World Cup quarter-final. "We are representing the whole continent of South America," Colombia coach Nelson Abadia told reporters. When we qualified for the World Cup the first thing I said to my team was, 'We’re not just here to spend time, we want to make history'." Having not conceded a goal all tournament, Jamaica stifled Colombia early, often leaving their players grimacing on the turf after heavy tackles. Usme showed a deft touch to slip past Jamaica defender Deneisha Blackwood and fire a low, left-foot strike inside the far post.

Persons: Catalina Usme, Hannah Mckay MELBOURNE, Nelson Abadia, Jamaica's, Lorne Donaldson, Linda Caicedo, Jorelyn, Kate Jacewicz, Chantelle Swaby, Drew Spence, Ana Maria Guzman, Deneisha Blackwood, Jody Brown, Khadija Shaw, Jamaica's Drew Spence, Tiffany Cameron, Ian Ransom, Christian Radnedge Organizations: Soccer Football, FIFA, Jamaica, American, South Americans, Thomson Locations: New Zealand, Colombia, Jamaica, Melbourne, Australia, Colombian, England, South America, France

☆ Teenager Guzman to join Colombia's youth push at World Cup
▼ + stars: | 2023-08-07 | by ( Ian Ransom | ) www.reuters.com time to read: +3 min

With Caicedo up forward, Guzman will give Colombia a second teenage threat, the pair set to combine in a third World Cup in 12 months after playing in the under-17 and under-20 tournaments last year. "To be with Linda is something extremely special for me," Guzman, 18, told reporters at Melbourne Rectangular Stadium on Monday. After failing to qualify for France in 2019, Colombia have already matched their World Cup best, a last 16 appearance at the 2015 tournament in Canada. Colombia made the quarter-finals of the under-20 World Cup in Costa Rica and were runners-up at the under-17 tournament in India, losing to Spain in the decider. "We've been stimulating their growth so that they can be who they are currently on this world stage of football."

Persons: Germany's Sara Doorsoun REUTERS, Asanka Brendon Ratnayake, Linda Caicedo, Ana Maria Guzman, Guzman, Manuela Vanegas, Linda, Nelson Abadia, Caicedo, Abadia, Colombia's, Ian Ransom, Christopher Cushing Organizations: Soccer Football, FIFA, Jamaica, Brazil, Coffee Growers, Spain, Germany, Colombian, Morocco, South, Thomson Locations: New Zealand, Germany, Morocco, Melbourne, Australia, Colombia, France, Canada, American, Costa Rica, India, South Korea, Jamaica

☆ Magnificent Morocco stage 1-0 Colombia coup to score unlikely knockout berth
▼ + stars: | 2023-08-03 | by ( Joel Dubber | ) www.reuters.com time to read: +2 min

I would even say that it is the prize for the talent of this team," winning coach Reynald Pedros told reporters. Colombia topped the group with six points, bettering runners-up Morocco on goal difference, while Germany and South Korea depart the tournament. Morocco, who were thumped 6-0 by Germany in their opener before beating South Korea 1-0, move on to meet France in Adelaide and Colombia play Jamaica in Melbourne on Tuesday. A frenzied finish saw end-to-end action, but the Arab nation held on to continue their fairytale start to their first World Cup campaign. Reporting by Joel Dubber in Perth; Editing by Nick Mulvenney and Pritha SarkarOur Standards: The Thomson Reuters Trust Principles.

Persons: Colombia's Marcela Restrepo, Luisa Gonzalez PERTH, Anissa Lahmari's, Reynald Pedros, Colombia's Daniela Arias clumsily, Catalina Perez, Lahmari, Daniela Montoya, Lorena Bedoya Durango, Khadija Er, Rmichi, Linda Caicedo's, We've, Nelson Abadia, Joel Dubber, Nick Mulvenney, Pritha Organizations: Soccer Football, FIFA, Debutants, Anissa, South Korea, Germany, Moroccan, France, Thomson Locations: New Zealand, Morocco, Colombia, Perth, Australia, Debutants Morocco, Brisbane, Lang, Germany, South Korea, Adelaide, Jamaica, Melbourne

☆ Colombia hope to keep party going at World Cup as last-16 beckons
▼ + stars: | 2023-08-02 | by ( ) www.reuters.com time to read: +2 min

It's very positive for us and for women's football in our country," Colombia's Leicy Santos told reporters. "People come to me and say that it's a party in our matches that you can't see anywhere else. Morocco may be their easiest opponents on paper but Colombia coach Nelson Abadia warned his squad to exercise caution with five players at risk of suspension and missing their next game if they are booked. Colombia also received criticism for their physicality against Germany but Santos said that has only encouraged them to reinforce their playing style. "They don't press very often but... Colin is a fantastic coach and he might surprise us," Germany coach Martina Voss-Tecklenburg said.

Persons: Colombia's Leicy Santos, Nelson Abadia, Santos, Marina Hegering, Colin Bell, Colin, Martina Voss, Tecklenburg, Rohith Nair, Christian Radnedge Organizations: AUCKLAND, South American, debutants, South, Thomson Locations: Colombia, South Korea, Germany, debutants Morocco, Australia, Morocco, South American, Korea, Bengaluru

☆ Yellow cards force Colombia coach to approach final group game with caution
▼ + stars: | 2023-08-02 | by ( ) www.reuters.com time to read: +2 min

Players who receive two yellow cards before the quarter-finals will be suspended for the team's next match in the tournament. "I have five players who have yellow cards, so we need to be really smart," said Abadia, who was suspended for Colombia's first two games. When we need them, they will do what they need to do and we've seen it in different matches. Colombia need only a draw to advance as group toppers but Abadia said they would step on to the pitch seeking all three points. "We're always very careful in terms of players' health.

Persons: Nelson Abadia, Abadia, I'm, Linda Caicedo, Linda, Rohith Nair, Michael Perry Organizations: PERTH, Group, Colombia, Colombian, South, Morocco, Thomson Locations: South Korea, Germany, Colombia, Morocco, Bengaluru

☆ Linda Caicedo: Colombia star, 18, introduces herself as one of the best young players in the world
▼ + stars: | 2023-08-02 | by ( Ben Church | ) edition.cnn.com time to read: +5 min

CNN —World Cup tournaments tend to be defined by an emerging star and, this year, it’s Colombia’s 18-year-old sensation Linda Caicedo who is shining brightest. It was in that game, early in the second half, that she produced one of the moments of the World Cup so far. “I wanted to shoot and thank God the ball went in,” Caicedo told FIFA after the game. “I’m still developing,” Caicedo told FIFA+ before the World Cup began. Now, sparing an unlikely swing of goal difference, Colombia will qualify for the last 16 of the World Cup.

Persons: it’s, Linda Caicedo, Caicedo, “, ” Caicedo, Nelson Abadia, James Chance, ”, Linda, she’s, Leicy Santos, ” Lofty Organizations: CNN, Real Madrid, FIFA, Germany, Colombian, America de Cali, Copa, ”, South, Morocco, FIFA Sunday Locations: Australia, New Zealand, Germany, Colombia, Candelaria, Brazil, Colombian, South Korea, “ Colombia

☆ Linda Caicedo: Colombian teen striker is healthy after frightening collapse in training
▼ + stars: | 2023-07-29 | by ( Story Reuters | ) edition.cnn.com time to read: +2 min

CNN —Colombia’s teenaged striker Linda Caicedo is healthy two days after she collapsed in training, coach Nelson Abadia said on Saturday, adding that the frightening incident was partly due to the pressure of playing in her first Women’s World Cup. “She was a bit stressed as well, because she was playing in her first World Cup … (which) has great relevance. But she has a great capacity and great character to assimilate all of this. She made her senior team debut at age 14, and was diagnosed with ovarian cancer at 15. The Colombians take on Morocco, 6-0 losers to Germany, in their final group game on Aug. 3 in Perth.

Persons: CNN —, Linda Caicedo, Nelson Abadia, Caicedo, “ It’s, ” Abadia, She’s, it’s, ” Caicedo, Abadia’s, Mario, “, Lady, Andrade Organizations: CNN, Sydney Football, South, planeta, U17, U20, FIFA, America Locations: Germany, Columbia’s, South Korea, Colombia, Morocco, Perth

☆ Colombian teen striker Caicedo is healthy after frightening collapse in training
▼ + stars: | 2023-07-29 | by ( Lori Ewing | ) www.reuters.com time to read: +2 min

SYDNEY, July 29 (Reuters) - Colombia's teenaged striker Linda Caicedo is healthy two days after she collapsed in training, coach Nelson Abadia said on Saturday, adding that the frightening incident was partly due to the pressure of playing in her first Women's World Cup. "She was a bit stressed as well, because she was playing in her first World Cup . But she has a great capacity and great character to assimilate all of this. Caicedo has played in three World Cups this year, with the U17, U20 and senior sides. The Colombians take on Morocco, 6-0 losers to Germany, in their final group game on Aug. 3 in Perth.

Persons: Linda Caicedo, Nelson Abadia, Caicedo, Abadia, She's, it's, Abadia's, Mario, Lady, Andrade, Lori Ewing, Lincoln Organizations: SYDNEY, Sydney Football, South, U17, U20, FIFA, America, Thomson Locations: Germany, Columbia's, South Korea, Colombia, Morocco, Perth

☆ NZ eye first World Cup knockouts, injury blows for Norway and Germany
▼ + stars: | 2023-07-29 | by ( ) www.reuters.com time to read: +2 min

Since the first edition in 1991, the hosts have always qualified for the knockout stages and New Zealand will advance if they win. Qualification will also mark the first time in six attempts they have reached the knockouts. But with three points separating table toppers Switzerland and bottom side Norway, all four teams have a shot at qualifying for the last 16. We want to basically be in that mindset where it doesn't matter who's standing there on the actual pitch," she said. She was a bit stressed as well, because she was playing in her first World Cup," Abadia said.

Persons: Molly Darlington, Ada Hegerberg, Ballon, Felicitas Rauch, Giulia Gwinn, Carolin Simon, Martina Voss, Tecklenburg, Linda Caicedo, Nelson Abadia, Abadia, it's, Rohith Nair, Christian Radnedge Organizations: Soccer Football, FIFA, Zealand Training, New Zealand, Zealand, Football Ferns, Thomson Locations: New Zealand, Zealand, Dunedin , New Zealand, New, Molly Darlington AUCKLAND, Switzerland, Norway, Philippines, Germany, Colombia, Bengaluru

☆ Brazil's jobless rate hits lowest since 2014 for a quarter through June
▼ + stars: | 2023-07-28 | by ( ) www.reuters.com time to read: +2 min

SAO PAULO, July 28 (Reuters) - Brazil's jobless rate fell in the quarter through June to its lowest level for the period in nine years, statistics agency IBGE said on Friday, underscoring the labor market's resilience despite its high interest rates. It was the fourth consecutive drop for a rolling quarter, according to IBGE, which said the move reflected seasonally lower vacancy rates. Finance Minister Fernando Haddad cautioned that despite the positive data, the unemployment rate should not be perceived as an indicator of a strong economy, given the country's 10% real interest rate leading to an activity slowdown. Some economists also expect high interest rates to take their toll going ahead, as economic growth softens in the country. "All in all, the labor market remained strong in the second quarter, defying the drag from stiflingly high interest rates," Pantheon Macroeconomics' chief economist for Latin America, Andres Abadia, said.

Persons: Fernando Haddad, Haddad, Andres Abadia, Luiz Inacio Lula da Silva's, Rui Costa, Gabriel Araujo, Steven Grattan, Alistair Bell Organizations: SAO PAULO, IBGE, Reuters, Finance, Macroeconomics, Twitter, Thomson Locations: Brazil, America

☆ Usme, Caicedo score to lift Colombia 2-0 over South Korea in Women's World Cup
▼ + stars: | 2023-07-25 | by ( Lori Ewing | ) www.reuters.com time to read: +3 min

The ball squirted into the net, to the delight of the yellow-clad Colombian fans at Sydney Football Stadium. "Well, I am extremely happy, but this has to do with the collective work of everyone," Caicedo said on her first World Cup goal. It was the final game of the opening round of group matches and the 300th match in Women's World Cup history. But Colombia, who reached the round of 16 at the 2015 World Cup, dominated possession, slicing through South Korea's defence with ease. "When you lose it's not so nice but I'll treasure this moment for the rest of my life, my first World Cup match.

Persons: Catalina Usme, Joy SYDNEY, Linda Caicedo, Usme, Yoon Younggeul, Yoon, Caicedo, Casey Phair, Nelson Abadia, Lee Guimmen's, Choe Yuri, Catalina Perez, Mayra Ramirez, Colin Bell, Lori Ewing, Muralikumar Anantharaman, Stephen Coates Organizations: Soccer Football, FIFA, Sydney Football Stadium, REUTERS, South, Real Madrid, Sydney Football, tooting, Germany, Sunday, ., Thomson Locations: New Zealand, Colombia, South Korea, Sydney, Australia, South Korean, Korea, British, debutantes Morocco, Morocco

The country's IPCA-15 inflation index eased to a 30-month low of 4.16% from 5.36% in the previous month, government statistics agency IBGE said on Wednesday, coming in below market consensus of 4.20% in a Reuters poll of economists. The latest data comes a day after central bank Governor Roberto Campos Neto ruled out an imminent interest rate cut, saying in a Senate hearing that the current rate was appropriate to address inflation concerns. "Will RCN and his team wait for current inflation to reach 3% before starting to cut interest rates?" William Jackson, Capital Economics' chief emerging markets economist, said he doubts policymakers will pivot to interest rate cuts imminently, considering that core inflation remains strong and the central bank has been striking a hawkish tone. "All told, the inflation picture continues to improve in Brazil," Pantheon Macroeconomics' chief Latin America economist Andres Abadia said.

Annual headline inflation in the first half of the month reached 7.94%, beating both the 7.77% recorded in the month of December and economists' forecasts of 7.86%, though still below the two-decade high of 8.70% registered in August and September. That means annual inflation remains far above the Bank of Mexico's target rate of 3%, plus or minus one percentage point. It is unlikely that the bank will make any cuts to the interest rate in the next six months, Bank of Mexico board member Jonathan Heath said in an interview last week. In the first half of January, according to statistics agency INEGI, consumer prices rose 0.46% compared to the previous two-week period, while the core index rose 0.44%, both also exceeding market estimates. Mexico's Latin American peer Brazil, where monetary tightening is on pause, also released mid-month inflation data on Tuesday, with prices slightly beating market forecasts.

☆ Brazil's 2022 inflation slows sharply, misses government target
▼ + stars: | 2023-01-10 | by ( Marcela Ayres | ) www.reuters.com time to read: +3 min

Central bank chief Roberto Campos Neto is legally required to publish a letter justifying the inflation target miss. It will be released on Tuesday, according to the central bank. That will give the central bank "more cause to delay the start of its easing cycle," Jackson said. According to IBGE, inflation last year was mainly impacted by the increased costs of food and beverages (+11.64%) and health and personal care items (+11.43%). State-run oil giant Petrobras (PETR4.SA) contributed to the disinflationary trend, adopting a series of price cuts when international oil prices settled.

☆ Mexico economy grows 0.9% in Q3 but momentum seen easing on tighter conditions
▼ + stars: | 2022-11-25 | by ( ) www.reuters.com time to read: +2 min

Nov 25 (Reuters) - Mexico's economy grew 0.9% in the third quarter from the previous three-month period, national statistics agency INEGI said on Friday, boosted mainly by the primary sector and despite an ongoing aggressive monetary tightening cycle. Repeating a trend seen in the previous quarter, Latin America's second-largest economy posted across-the-board growth in the period, with primary, secondary and tertiary sectors expanding 2%, 0.6% and 1.1%, respectively. Tighter monetary conditions, however, are seen slowing down Mexico's GDP growth ahead, and President Andres Manuel Lopez Obrador has recently asked the central bank to balance fighting inflation with the need to protect economic growth. In annual terms, INEGI said, the country's economy expanded 4.3% in the third quarter compared to a year earlier, beating expectations of 4.1% growth from economists polled by Reuters. Separately, data showed on Friday that Mexico's economic activity grew 0.7% in September from August and 5.2% from September of 2021, both also ahead of market projections.

☆ Mexico core inflation higher than expected in early Nov, rate hikes to continue
▼ + stars: | 2022-11-24 | by ( Gabriel Araujo | ) www.reuters.com time to read: +2 min

MEXICO CITY, Nov 24 (Reuters) - Mexico's annual consumer prices slowed more than expected during the first half of November, but the core inflation index - which remains a main concern in the country as it grapples with high costs - came in above market forecasts. Data from national statistics agency INEGI showed on Thursday that annual headline inflation in Mexico hit 8.14% in the period, down from 8.53% a month ago and also below consensus of 8.24% in a Reuters poll of economists. The latest inflation figures backed expectations that the local central bank, known as Banxico, would keep hiking interest rates. "Overall, headline inflation continues to edge down in Mexico, but core inflation remains sticky, which will continue to keep policymakers uneasy," said Pantheon Macroeconomics' chief Latin America economist, Andres Abadia. On a monthly basis, Mexico's headline inflation rose 0.56% while the core index was up by 0.34% in mid-November, the statistics agency said.

☆ Chile inflation slows to 8-month low in positive surprise
▼ + stars: | 2022-11-08 | by ( Fabian Cambero | ) www.reuters.com time to read: +2 min

SANTIAGO, Nov 8 (Reuters) - Chile's inflation slowed to its lowest level in eight months in October, official data showed on Tuesday, a positive surprise likely to reinforce the central bank's take that its aggressive monetary tightening cycle has come to an end. According to INE, inflation last month was boosted mainly by higher food and non-alcoholic beverage prices, as well as transportation costs. Scotiabank's Chile senior economist Anibal Alarcon, on the other hand, said he already forecasts an aggressive rate cut of between 100 and 200 basis points in January 2023 after October's "true disinflationary surprise". "We expect the market to align with our view very quickly with significant falls in nominal rates," Alarcon added. Reporting by Fabian Andres Cambero and Gabriel Araujo; Editing by Steven Grattan and Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.

☆ Mexican headline inflation slows in early October, core index still a concern
▼ + stars: | 2022-10-24 | by ( ) www.reuters.com time to read: +3 min

An employee prepares dough to make tortillas at a tortilla stall in Ozumba de Alzate, State of Mexico, Mexico, May 24, 2022. Headline annual inflation in Latin America's second-largest economy inched down to 8.53% from 8.64% in the second half of September, also undershooting the consensus forecast of a Reuters poll for a rate of 8.63%. Compared with the previous two-week period, Mexican consumer prices rose by 0.44% in early October, the data showed. The core price index, which strips out some volatile food and energy prices, climbed 0.42% in early October, slightly above market expectations for 0.35%. Annual core inflation was 8.39%, above forecasts for 8.31%.

☆ Brazil's inflation extends downtrend in mid-September on lower fuel prices
▼ + stars: | 2022-09-27 | by ( Gabriel Araujo | ) www.reuters.com time to read: +3 min

Inflation in the 12 months to mid-September hit 7.96%, well below the 8.14% forecast by economists, likely backing the central bank's recent decision of pausing its aggressive rate hiking cycle. Adding to energy state tax cuts announced earlier this year, oil giant Petroleo Brasileiro SA reduced refinery gate gasoline prices twice since mid-August, leading to lower prices at the pump. The inflation drop in September, however, was not widespread as prices fell in only three of the nine groups of products and services surveyed, IBGE said - communication, food and beverages, and transportation. The latest inflation data comes as Brazil's central bank last week chose to keep interest rates unchanged at 13.75%, pausing an aggressive tightening after 12 consecutive increases aimed at curbing high inflation. William Jackson, chief emerging markets economist at Capital Economics, said the inflation figures confirmed that the monetary tightening cycle was over.

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