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Published on Wednesday, August 19, 2015

LatAm Daily | Chilean figures in 2Q15 confirm slower activity

Domestic demand figures showed a slight improvement in 2Q15 although investment in infrastructure grew 3.3% YoY. Imports contracted 5.1% YoY while exports fell 4.9%. We maintain both our forecast of 2.2% GDP growth and a current account surplus of 0.7% of GDP. Colombian consumer confidence will be released today; we expect signals of a slowdown in private consumption

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