LatAm Daily | No changes in the MPRs in Chile and Peru

Summary

In line with our views, the Chilean and Peruvian CBs kept their policy rates unchanged. Retail sales dropped for the eighth consecutive month in Brazil pointing to a downward adjustment in private consumption that could contribute more negatively than we expected to GDP in 3Q15. Today, GDP data in Peru will be released and BanRep will publish its MP minutes in Colombia.

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