Inflation in #latinamerica is also trending down and although there is a mixed picture, with three major blocks in terms of inflation control: #brazil has managed to place headline inflation on target, but may have to work a little bit more with its core cpi. #mexico and #chile are right behind it, with good inflation trends. #peru and #colombia are still work in progress, particularly the latter, who just recently turn the price index down. Central banks on the region are used to dealing with high inflation and know how to fight it better that their counterparts in the developed world, simply because they have dealt with high inflation environments in the past. These economies are commodities producers, and therefore very important for the rest of the world, since they are they have a big potential impact on #ppi.
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