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LatAm Weekly

Peru Shows No Sign of Slowing

EXECUTIVE SUMMARY

In Brazil, inflation expectations continue to cool off, while growth forecasts for 2010 keep heating up. In Mexico, industrial production data for April disappointed, suggesting that domestic demand remains on a slow recovery trajectory. Meanwhile, inflation expectations continue to deteriorate in Argentina, though moderately, and Chile’s central bank has initiated the tightening cycle with a 50-bp hike to 1%, above expectations. In Peru, economic activity results for April beat the consensus prediction.

Brazil

According to the central bank Focus report released on[...]

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