Research Briefing | May 20, 2021

Recovery Tracker showed largest gain so far this year

Recovery Tracker showed largest gain so far this year - iPad

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. 

Back to Resource Hub

Related Services

Seoul, South Korea

Post

BoK’s monetary policy to tighten even as hiking cycle ends

Even without rate hikes, central banks' monetary policies can effectively tighten if the nominal neutral rate falls below the policy rate. We expect this will be the case for the Bank of Korea this year, as the gap between the policy rate and the nominal neutral rate widens.

Find Out More

Post

China: Emerging green shoots in Spring, but not out of the woods

We now incorporate a faster recovery from the post-Covid exit wave and raise our 2023 full-year GDP growth forecast to 4.5% (from 4.2% previously).

Find Out More