Recovery stalls in the third quarter Incoming data suggests that the Latin American economy remained soft in the third quarter. Focus Economics estimates that regional GDP growth (excluding Venezuela) remained broadly unchanged, inching up from Q2’s 1.7% to 1.8% year-on-year. The second quarter’s result had marked the worst performance in one year as shocks in major-players Argentina and Brazil held back growth. Preliminary data revealed that growth was stable in Mexico in the third quarter. The…