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Mexico & Brazil Unemployment, Chile Production and Retail Sales Data

LATAM
  • Mexico: National statistics bureau Inegi releases unemployment rate for October. The median estimate of surveyed economists sees the rate to reach 2.80% compared to the prior rate of 2.88%.
  • Brazil’s unemployment rate is expected to have fallen in October to 7.6% from 7.7% prior, according to economists surveyed by Bloomberg.
  • Chilean industrial production likely fell 0.70% in October from a year earlier. The Bloomberg forecast implies a monthly decline after strong growth in September and August, bolstered by mining and electricity. Production has been volatile and is below its year-ago level.
    • Oct. Manufacturing Production YoY, est. 2.6%, prior -1.1%
    • Oct. Industrial Production YoY, est. 0.6%, prior 1.5%
    • Oct. Copper Production Total, prior 457,393
    • Oct. Commercial Activity YoY, prior -3.7%
    • Oct. Retail Sales YoY, est. -8.8%, prior -5.4%
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