Latin America economic news summary

05 October 2018 15:50 Source:ICIS

HOUSTON (ICIS)--Here are the economic news stories on the Latin America region on 5 October:

The International Monetary Fund (IMF) has agreed to make more money available to Argentina under a credit line after the economy shrank by 4.2% in the second quarter.

Brazil's August producer price index rose by 0.83% month on month and by 16.51% year on year, the state statistical agency (IBGE) said on 27 September.

The Central Bank of Brazil unanimously voted to maintain the key Selic interest rate at 6.50%, it said on 19 September.

Mexico's central bank maintained the nation's interest rate at 7.75%.

By Staff Reporter