Mexico's economy contracted -0.8% q/q in Q1 2026 (-3.16% SAAR), its worst non-pandemic quarter in recent memory, as US tariff uncertainty derails the nearshoring trade. Brazil, Indonesia, and India illustrate three diverging EM responses to Washington's policy whipsaw.
Visualizes the key Brazil central bank rate cut, a major highlight in the emerging markets weekly snapshot amid regional developments. Source
