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India Set For First Repo Rate Hike in Almost Four Years: Report

Of the 41 economists surveyed by Bloomberg, 35 expect the six-member Monetary Policy Committee to raise the benchmark repurchase rate by a quarter point to 5.50 per cent, with the remainder predicting no change.

India Set For First Repo Rate Hike in Almost Four Years: Report

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Brazil Services PMI Falls to 49.2 in September

Brazil's services sector shrank in September as election caution hit demand, while the composite PMI fell to 47.4, the sharpest drop in a year.

  • Brazil Services PMI drops to 49.2 in September, first contraction since October 2025
  • Composite PMI falls to 47.4, steepest decline in private sector output in a year
  • Service firms report new business contraction for fourth time in seven months

Mexico Investment Rises 6.6% in July on Machine Imports

Mexico's investment grew 6.6% in July from a year earlier and 1.4% from June, with imported machinery up most, though growth since January is only 1.7%.

  • Mexico's gross fixed investment rose 6.6% in July 2026
  • Machinery imports drove investment growth, up 9.9% year-on-year
  • Construction spending declined 1.5% in July 2026

Brazil Focus Survey Lifts Inflation Forecast to 5.01%

Economists in Brazil's central bank Focus survey raised the 2026 inflation forecast to 5.01% and trimmed growth, but still see the Selic falling to 13.5%.

  • Brazil’s central bank Focus survey raised 2026 inflation forecast to 5.01% from 4.99%.
  • Median forecast now above 5% threshold, surpassing official target range of 4.5%.
  • Three consecutive weeks of 2026 inflation forecast for Brazil’s IPCA exceeding 5%.

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