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    In Brazil, we expect annual inflation to trend up, preventing the BCB from cutting interest rates

    Published on Tuesday, July 22, 2014

    In Brazil, we expect annual inflation to trend up, preventing the BCB from cutting interest rates

    Summary

    In Mexico the slow pace of job creation and real income suggest a slight increase in retail sales in May. The Colombian trade balance should be in line with the expected upwards adjustment in the current account deficit for the coming quarters.

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    BBVA Research BBVA Research

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    67413_36345.pdf

    English - July 22, 2014

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