LatAm Daily | In Brazil, retail sales figures in line with shrinking consumption in 4Q15
Published on Wednesday, February 17, 2016
LatAm Daily | In Brazil, retail sales figures in line with shrinking consumption in 4Q15
Retail sales in line with contracted private consumption for the fourth consecutive time. We estimate GDP 4Q15 at -1.1% QoQ. The rating agency S&P revised the outlook on Colombia's debt rating to negative; the decision was influenced by the impact that lower oil prices may have on the economy.
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