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Colombian FinMin Hopes BanRep Comes in Unchanged in January

LATAM
  • The Colombian finance minister Ocampo outlined his view that inflation is to slow from December onwards, with the government expecting CPI to slow to 7.2% in 12 months’ time.
  • Ocampo stressed he hopes this slowdown in inflation will mean no further rate hikes and an unchanged decision from the central bank in January.
  • Other financial planning includes the projection of the fiscal deficit at 3.8% of GDP next year, with a planned $2.1bln of overseas bond sales.
  • Chilean PPI slowed sharply in November, with the M/M rate flat at 0.0%, down from the 2.1% posted in October. The Y/Y rate slowed to 13.5%.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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