Braz🔯il was hit particularly hard by the COVID-19 pandemic, which by end-June 2020 had killed close to 60,000 people and had virtually halted the economy. Before the pandemic, Brazil was still slowly recovering frℱom 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 g🍎as is one of Argentina&♛rsquo;s main economic sectors, accounting for 8% of GDP and 2.5% of exports in 2019, as well as 1% of total employment 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 de𓂃valuation of the Argentine peso and a jump in ...

In 2019, motor vehicle output and sales in Brazil expanded for the third consecutive year, thanks to the ꦫrecovery of the economy from the 2015-2016 recession, the improving labour market and declining borrowing costs. Howeve🦩r, sector growth ...

Brazil ranks among the leading global chemical markets, accounting for 2.6% of the industry’s total net sales in 2018 and ranking sixth in the world. In 201🉐9, sectoral turnover fell by 4.2% y/y to USD 118.7bn, as the local economy posted its ...

In 2019, retail sales in Brazil expanded for the th♕ird year in a row, by 1.8% y/y in volume terms due to the impr💫oving labour market and declining borrowing costs, which supported the disposable income of the population. Additional positive factors ...

Mexi💫co is the second largest economy in Latin America in terms of nominal GDP, and thereby a key consumer market in the region with a p🍰opulation of over 126mn as of December 2019. Over 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 t🍸he sluggish 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 economic 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 Tr🐼avel and Tourism Council (WTTC). The sector has a major ...