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2023 Minimum Wage Talks Continue, BanRep Friday

  • Retail sales and manufacturing production data for October, as well as BanRep’s economist survey are all due to be published on Thursday.
    • Friday will then see the latest BanRep decision where as of writing, the vast majority of analysts are expecting another 100bp hike of the overnight lending rate to 12.00%.
  • Government, labor and business representatives continue 2023 minimum wage talks.
  • Colombia’s government, rebel group ELN to hold press conference on peace negotiations in Caracas.

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