LatAm Daily | Activity in Brazil contracted in March for the 15th consecutive month

Summary

In Colombia BanRep’s inflation survey showed inflation expectation measures steady at high levels. We expect the CB’s Board to increase the MPR up to 7.5% during 2Q16. Today in Brazil the name of the new BCB governor will be announced. Also today we expect an expansion of 3.9% YoY of GDP of Peru and 4.2% YoY for industry in Colombia, both for March.

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