LatAm Daily | In Mexico, April’s economic activity surprisingly dropped by (-)1.2% MoM

Summary

April’s activity in Mexico dropped by (-)1.2% MoM due to a surprising result from the service sector, which came in at -1.4% MoM. In Colombia, business confidence remained in positive territory in May: industrial confidence stood at 5.2 and commercial confidence at 28.5. Data continues to show an upward bias concerning GDP growth for 2016.

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