LatAm Daily | CB in Colombia surprisingly increase its monetary policy rate 50bp up to 7%

The rise in the MPR aims to contribute to the abatement of inflation expectations and for convergence to the CB's target in 2017. In Chile aggregate activity figures showed a slight recovery in March mainly dirven by natural resources or primary sectors. Mexico grew by 0.8% QoQ in 1Q16, higher than expected.

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