# Mexico's Q3 GDP Beats Forecasts, Brazil's Jobless Rate Falls to 5.2% and Only Three Latin American Currencies Beat the Dollar in October · Paral

> Mexico's economy grew 0.9% in the third quarter, beating a 0.7% forecast, while Brazil's unemployment rate fell to 5.2%. Chile's copper output slumped, and only three Latin American currencies outperformed the US dollar in October.

- Date: 2026-10-31 · published 2026-11-01T18:09:48.076Z
- Category: macro · region Latin America · magnitude low
- Page: https://feedsoft.ai/events/29650-mexico-s-q3-gdp-beats-forecasts-brazil-s-jobless-rate-falls-to-5-2-and-only
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md), [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

Stronger Mexican and Brazilian activity supports regional feed and meat demand, but the mixed currency picture and weaker Chilean copper output add little direct price signal for feed grains or meals.

## Read by commodity

- USDBRL: neutral
- USDMXN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2023-08-30 | [EMERGING MARKETS-Latin American currencies up on weaker dollar; Brazil's real lags on rate-cut speculation](https://feedsoft.ai/events/34788-emerging-markets-latin-american-currencies-up-on-weaker-dollar-brazil-s-real.md) | +2.3% | +4.1% |
| USDBRL | 2017-06-06 | [Top Forecaster Sees Brazil Currency Uproar Tamed by Temer Legacy - Bloomberg](https://feedsoft.ai/events/70710-top-forecaster-sees-brazil-currency-uproar-tamed-by-temer-legacy-bloomberg.md) | +0.6% | +0.3% |
| USDBRL | 2018-08-09 | [Turkish Lira Crashes, But Are Emerging Currencies (Mexican Peso, Brazilian Real) Improving?](https://feedsoft.ai/events/9472-turkish-lira-crashes-but-are-emerging-currencies-mexican-peso-brazilian-real.md) | +4.5% | +10.7% |
| USDBRL | 2021-02-26 | [Brazil intervenes in FX markets to arrest real's fall — Octa](https://feedsoft.ai/events/48851-brazil-intervenes-in-fx-markets-to-arrest-real-s-fall-octa.md) | +1.4% | +2.6% |
| USDBRL | 2023-12-12 | [USDBRL should reflect Brazil's GDP, employment and services in the US, and data for China](https://feedsoft.ai/events/32942-usdbrl-should-reflect-brazil-s-gdp-employment-and-services-in-the-us-and-data.md) | -0.1% | -1.0% |

## Sources

- paral.news: https://paral.news/a/en/2026-11-01/latam-data-mexico-brazil-fx.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.