The two countries’ mutual histories are stories of relative success and recurrent disappointments. Brazil has the largest economy in Latin America; Mexico has the second-largest. Brazil is fashionable now; Mexico isn’t.

Feb. 9 (Bloomberg) -- Mexico’s inflation rate surpassed the upper limit of the central bank’s target range for the first time since 2010, leaving policy makers little room to lower borrowing costs this year to help stimulate the economy.

MEXICO CITY .- The industrial countries warned that the slowdown is inevitable in 2012 as the overall economy will grow between 3.2 and 3.7 percent and manufacturing also will do so at a slower pace.