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Published on Monday, November 16, 2015

LatAm Daily | Peruvian GDP grew below expectations in September

In Peru, the GDP grew below expectations due to declines in construction and non-primary manufacturing. In Colombia, the surprising decision to raise its MPR in the last meeting by 50bp was driven by the upwards trend in inflation expectations and demand growing faster than expected. We do not rule out the possibility of another 25bp hike in November.

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