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Published on Thursday, July 24, 2014 | Updated on Monday, July 28, 2014

Downward surprise in Colombian industrial production for May

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Summary

Colombian industrial data, influenced by a fall in oil refining and weak growth in most sectors, together with moderation in industrial confidence in June could signal zero industrial growth in 2Q14 in contrast to retail sales and consumer confidence that continue to show outstanding growth. In Chile traders expect a 25bp cut at the central bank’s August meeting.

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