Dilma Rousseff re-elected for another term in a very narrow victory

Dilma Rousseff will have to face a weaker economy with much less social support than in her first term. In Mexico, the monthly activity indicator pointed to a slight monthly decline in August, resulting from weaker momentum in the service sector. In the latter part of the year, we believe the economy will recover helped by the improvement in industry that should boost the services sector thanks to their close links.

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