First quarter growth is at 2.4% YoY, below the Central Bank's baseline scenario. The reasons for maintaining the monetary policy rate begin to lose strength
Published on Wednesday, May 7, 2014 | Updated on Sunday, July 15, 2018
First quarter growth is at 2.4% YoY, below the Central Bank's baseline scenario. The reasons for maintaining the monetary policy rate begin to lose strength
Summary
The March's Imacec grew 2.8% YoY, in line with our expectations. However, we estimate that it is below the Central Bank’s baseline scenario according to March's Monetary Policy Report.
Geographies
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- Latin America
Topics
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- Macroeconomic Analysis
Authors
BBVA Research
BBVA Research