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The outlook for Argentina is gradually improving, after a long and painful recession.
The Brazilian economy managed to avert a technical recession over the first half of the year.
Argentina's economic data released last week confirm that the economy is improving. Our core view, for now, is that the economy will continue to defy rising political uncertainty, both domestic and external.
Peru's April supply-side monthly GDP data confirm that the economic rebound lost momentum at the start of the second quarter.
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