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Latam Daily | Private Consumption in Brazil is likely to contract in 2Q15

Published on Wednesday, June 17, 2015 | Updated on Wednesday, June 17, 2015

Latam Daily | Private Consumption in Brazil is likely to contract in 2Q15

Consumption data resumed its declining trend in April. The figures imply that private consumption may also contract in 2Q15. In Colombia, industrial production fell more than expected in April, led by an 11% decline in the oil refining sector. Meanwhile, retail sales contracted in April 1% YoY.

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