Latin America Key Themes 2024 – Slower growth, but it’s not all bad news

Date: Friday 8 December 2023

In this webinar, we present our key themes for Latin America in 2024. Firstly, while annual growth will be slower than in 2023 and even slower than consensus, quarterly data will reveal a more nuanced picture. Secondly, inflation will largely continue to cool faster than markets expect, but there are risks on the horizon. Thirdly, a faster decline of inflation will allow central banks to cut faster than markets expect. And lastly, most countries will slow fiscal consolidation efforts against the backdrop of manageable debt in the near term, but soaring borrowing costs create risks.

Joan Domene

Chief Latin America Economist

+52 55 7100 1824

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Joan Domene

Chief Latin America Economist

Mexico City, Mexico

Joan Domene is the Chief Economist for Latin America and is responsible for developing Oxford Economics’ view on the region. Joan is responsible for producing macroeconomic forecasts for Mexico. He manages a team of economists who produce regional and country-specific research on over 30 countries. Joan’s work also involves presenting the outlook to clients and liaising with the media. Joan joined Oxford Economics in 2019 as Senior Economist after 5 years at a Mexican private bank.