Fiscal target for 2014 to be relaxed in Brazil

The survey released by the Central Bank of Chile showed additional corrections in the growth forecast, particularly in the medium term. While long-term inflation expectations remain anchored, analysts expect the MPR to be unchanged until the end of 2015. Industrial production in Mexico fell on an MoM basis in September, affected by disappointing figures for mining and construction, and YoY growth well below projections.

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