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Published on Thursday, March 31, 2016

LatAm Daily | Further fiscal deterioration in Brazil

The primary result for the last 12 months reached -2.1% of GDP in February, from -1.8% in January. Fiscal indicators are likely to deteriorate more than previously expected. In Chile, aggregate activity showed a slight recovery. Figures suggest that IMACEC grew between 2%-2.5% YoY during February.

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