Latin America economic news summary

14 September 2018 18:01 Source:ICIS

HOUSTON (ICIS)--Here are the economic news stories on the Latin America region for 14 September:

Argentina plans to raise export taxes on grains and soy-derived products in a bid to balance its budget next year, as President Mauricio Macri seeks a deal with the International Monetary Fund (IMF) to accelerate a $50bn loan programme.

Brazil's second-quarter GDP grew by 1.0% year on year and 0.2% quarter on quarter, the state statistical agency (IBGE) said.

Brazilian industrial production in July rose by 4.0% year on year but fell by 0.2% from June, IBGE said.

Mexican industrial output in July rose by 1.2% year on year and by 0.2% month on month, the state statistical agency (INEGI) said.

Mexico's producer price index (PPI) in August decreased by 0.07% month on month, INEGI said.

By Staff Reporter