LatAm Daily | Colombia’s business confidence in line with slowdown in 2H15 domestic demand
Published on Tuesday, August 25, 2015
LatAm Daily | Colombia’s business confidence in line with slowdown in 2H15 domestic demand
July’s confidence index fell as manufacturers worried about production three months ahead, although inventory and orders figures improved. Mexico’s inflation resumed a downward trend in the first fortnight of August, indicating a limited pass-through from the exchange rate. In our view the year-end consensus forecast is high and should gradually converge with our estimate
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