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Published on Wednesday, October 14, 2015

LatAm Daily | GDP forecasts for 2015 and 2016 revised downwards in Chile

Summary

While markets expect Imacec to increase in September and long-term inflation expectations remain anchored to the CB’s target of 3% YoY, their growth forecasts were revised downward and a 25bp hike in the MPR is likely in November. Brazilian retail sales will probably contract again in August due to the adverse economic situation.

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Authors

Marina Conesa
Enestor Dos Santos BBVA Research - Principal Economist
Hugo Perea BBVA Research - Chief Economist
Cecilia Posadas BBVA Research - Principal Economist
Jorge Selaive
Carlos Serrano BBVA Research - Chief Economist
Juana Téllez BBVA Research - Chief Economist

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Report (EPUB)

67413_97235.epub

English - October 14, 2015

Report (PDF)

67413_97235.pdf

English - October 14, 2015

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