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    Latam Daily | In Brazil industrial output contracted for the third consecutive month

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    Published on Wednesday, June 3, 2015

    Latam Daily | In Brazil industrial output contracted for the third consecutive month

    Industrial production figures point to a larger contraction in 2Q15 GDP than in 1Q15. Today we will be waiting for the monetary policy meeting in Brazil where we expect the COPOM to deliver another 50bp hike, taking the Selic rate to 13.75%.

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