LatAm Daily | Monetary policy rate in Colombia to increase by 25bps today

Summary

We expect the BanRep to increase its MPR to 7.75%. Also, we expect the unemployment rate to have increased by 9.2%. In Mexico, we expect a more deteriorated preliminary GDP growth for 2Q16: 2.1% YoY / -0.1% QoQ. In Chile, the minutes of the last MP meeting will be released, as will unemployment figures (we expect an increase of 6.9%) and activity data by sector for June.

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