Recovery Tracker showed largest gain so far this year
Our Latin America Recovery Tracker (LART) climbed 3.4pts during the week ending May 14, the largest weekly gain since last September. All countries experienced large improvements amid eased restrictions after the third wave slowed
What you will learn:
- Brazil and Mexico lead the race to return to pre-pandemic activity levels, outpacing the regional average. Colombia is third, quickly catching up to the regional average, and followed by Argentina. Chile’s speedy recovery overtook Peru, which is now last.
- Governments are easing restrictions, even if on the margin, as a third wave of infections slows. Brazil continues to loosen, despite the recent rise in contagion levels, whereas Mexico, with the most lenient restrictions, still enjoys the lowest contagion and death rates.
- Colombia and Chile saw the largest improvements this week due to easing curfews and containment measures, even if marginal. All countries recorded improving mobility and health conditions.
Slowdown in 2023, except for Chinese cities
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European cities face a tough winter as recession spreads
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