LatAm Daily | Peruvian CB kept MPR at 4.25% as expected

Summary

For the second month in a row, Peru’s CB maintained MPR unchanged mainly because of moderation of inflation expectations. We expect MPR to be kept at 4.25% for the rest of the year. In Colombia, while industrial production and retail sales for February came up positively (8.2%; 4.6% YoY), consumer confidence continued displaying negative results in March (-20.1%).

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