LatAm Daily | In Brazil, gross public debt continues to trend upwards

Summary

In May it reached 68.6% of GDP and we expect it to increase to 73% by the end of 2016 and to 78% in 2017. There is still a lot of uncertainty on the new government’s ability to adopt measures to put an end to the upward trend of gross debt. Today in Chile, activity data by sector will be published. We expect figures to continue to point to weak aggregate economic activity.

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