LatAm Daily | In Chile surveys showed a reduction in GDP forecast for 2016 and 2017

For today’s MPR meeting in Chile we (and the survey) are pointing to a pause in rates at 3.5% with a 25 bps rise expected during the year. Today we will see the MPR decision in Peru, where our call is for a 25 bps rise, to 4.25%. On the activity data front today we will see Mexican industrial output for December 2015, for which a marginal increase of 0.2% MoM is expected.

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