* Brazil"s real leads Latam losses, inflation awaited * Peru"s sol recovers from near record lows * Chile stocks rebound By Ambar Warrick Oct 7 (Reuters) - Mexico"s peso slipped on Thursday as inflation concerns grew on a higher-than-expected September reading, while Colombia"s peso rose as Moody"s upgraded its outlook on the country, citing recent economic resilience. Mexico"s currency fell 0.4% to the dollar after data showed inflation blew past the central bank target in September, pointing to further rate hikes from the central bank as it struggles to rein in prices. But analysts have criticized the slow pace of hikes by the bank, with a Reuters poll forecasting more pain for the peso due to a largely restrained monetary policy and hardline government policies perceived as market-unfriendly. "The recent domestic and external developments require a prudent/conservative calibration of the monetary stance," Goldman Sachs analysts wrote in a note. "Persistent pressures on inflation are sources of discomfort and will likely prompt the Monetary Policy Committee to hike at least once more before the end of the year." Bank of Mexico Deputy Governor Jonathan Heath had flagged the possibility of more hikes to curb inflation, after the bank raised rates to 4.75% last week. Colombia"s peso rose 0.3%, leading gains across its Latin American (Latam) peers after Moody"s improved its outlook on the country to stable from negative, saying government fiscal measures and post-pandemic recovery will stabilize its debt. Moody"s maintained its rating on the country at Baa2, which comes as a relief after Fitch and S&P both downgraded Colombia"s debt to junk earlier this year. Broader Latin American currencies fell as investors avoided risk-driven assets ahead of key U.S. payroll data on Friday, which could push the Federal Reserve into shortening its timeline for tapering. Concerns over rising inflation in Latam, on the back of a recent spike in oil prices and supply chain disruptions, also dampened sentiment. The Brazilian real lost 0.6%, leading losses across Latam ahead of Friday"s inflation reading, which a Reuters poll forecasts to be much stronger in September than the previous month. Peru"s sol rose 0.2% after coming close to a record low on Wednesday. Left-wing former head of Congress Mirtha Vasquez was sworn in as Peru"s new prime minister on Wednesday to replace Guido Bellido after his abrupt resignation, as President Pedro Castillo sought to ensure political stability. Among stocks, Chile"s benchmark index surged more than 2%, rebounding sharply from a more-than-four-month low. Data showing strong copper prices saw the value of Chilean copper exports jump in September. Key Latin American stock indexes and currencies: Latest Daily % change MSCI Emerging Markets 1252.56 2.07 MSCI LatAm 2208.40 0.51 Brazil Bovespa 110765.31 0.19 Mexico IPC 51444.63 0.92 Chile IPSA 4224.28 2.23 Argentina MerVal - - Colombia COLCAP 1387.19 0.39 Currencies Latest Daily % change Brazil real 5.5202 -0.63 Mexico peso 20.6289 -0.39 Chile peso 812.25 0.08 Colombia peso 3773.53 0.32 Peru sol 4.1282 0.21 Argentina peso 98.9400 -0.02 (interbank) (Reporting by Ambar Warrick and Federica Urso, editing by Mark