the second quarter on a positive note. Inflation data from Mexico on Thursday is expected to show consumer prices rising 5.3% in September, above the central bank’s 3% target. The bank has already hiked rates seven times this year to combat inflation, and more increases are likely in the pipeline. In Argentina, economic activity data due on Wednesday is forecast to show a modest 0.5% increase in August, but the economy remains fragile amid high inflation and political uncertainty. The country is in the midst of negotiating a new IMF program to stabilize its finances. The Central Bank of Argentina will also release its monthly inflation report on Tuesday. In Venezuela, inflation is expected to continue its rapid acceleration, hitting 4,000% year-on-year in September. The country’s economy remains in a deep crisis, with hyperinflation and severe shortages of basic goods. Overall, central banks in Latin America continue to grapple with high inflation and economic uncertainty, with many facing tough decisions on monetary policy in the coming weeks.\”
