LatAm Daily | We expect industrial production to remain weak in Mexico

Summary

In Mexico, we expect the industrial production index to have grown by 0.2% MoM and 0.4% YoY in April. The magnitude of these growth rates shows weakness in industrial activity and we expect it to remain weak in the short run. Moreover in Colombia, BanRep will publish its monetary policy minutes, where the Board decided to take the repo rate up to 7.25%.

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