Brazil Economic Outlook. First Quarter 2016
Published on Tuesday, March 8, 2016 | Updated on Tuesday, March 8, 2016
Brazil Economic Outlook. First Quarter 2016
Summary
The prospects for the Brazilian economy continue to worsen. The ongoing crisis is still far from being over. GDP is now expected to fall 3.0% in 2016 after having decreased sharply in 2015. Inflation will lose steam moving forward, but will remain above the target range in 2016. Fiscal accounts will deteriorate further, undermining recovery and heightening domestic risks.
Geographies
- Geography Tags
- Brazil
- Latin America
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
BBVA Research
BBVA Research