M Idea Brazil: Growth on Track, Headwinds Ahead This week, we focus on Brazil growth dynamics, highlighting the resilience this year and the challenging outlook for 2027. Next week, we focus on Brazil 2Q26 GDP, activity data for Mexico and Chile, and Peru August CPI. LatAm ex-Brazil in focus… Economic activity is losing momentum, but the slowdown remains orderly and broadly consistent with our expectations, leaving our 2.0% GDP growth forecast for 2026 on track. Recent data point to softer sequential growth ...