Latin American Keys is an informative and analytical summary regarding the political and economic situation in the Latin American region. These key takeaways, prepared monthly by ATREVIA´s Analysis and Research team, serve to be a useful tool in understanding the evolution of the political-institutional state of Latin America, a need that the pandemic has further exaggerated.
Latin American governments and health authorities are progressively eliminating the sanitary measures currently established following a widespread decline in coronavirus infections. However, inflation continues to rise in the region, reaching double figures in some countries and surpassing records set decades ago.
In Peru, Ecuador, and Paraguay, face masks are now optional in most cases, and in the Dominican Republic, all health restrictions for tourists have been lifted.
Inflation rates in Mexico, Chile, and Argentina are the highest it has been for years. Following Turkey, Argentina has the highest annual inflation rate in the G20, standing at 55%.
This is a widespread trend in the region. In the electoral arena, left-wing candidates Gustavo Petro and Lula da Silva are positioned as favorites for the first round of the upcoming presidential elections in Colombia and Brazil. Polls indicate that they will most likely face right-wing candidates Federico Gutiérrez and Jair Bolsonaro, respectively, in the second round.