In an update to its Economic Outlook, the Paris-based organization said it now expects Mexico's gross domestic product to expand just 0.8% this year, down from the 1.3%

Chile's economy contracted 1.2% in April, a fourth straight monthly fall, as an 11.8% mining slump on lower copper output dragged activity below forecasts.

Brazil's formal job creation slowed to 85,888 net jobs in April, the year's weakest and well below forecasts, as high rates and a cooling economy weighed.