Latam Daily | Activity data reinforces the downward bias to our 2015 GDP forecast in Chile
Published on Tuesday, July 7, 2015 | Updated on Tuesday, July 7, 2015
Latam Daily | Activity data reinforces the downward bias to our 2015 GDP forecast in Chile
Summary
In Chile, aggregate activity rose 0.8% YoY in May missing the consensus, mainly driven by decline in manufacturing, mining and wholesale trade. This weak figure reinforces our view for a downward bias to our GDP growth forecast. Today, the trade balance and exports will be released in Chile and Colombia respectively. We expect Colombia’s exports to have fallen 43%.
Geographies
- Geography Tags
- Latin America
- Colombia
- Brazil
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Cecilia Posadas
BBVA Research - Principal Economist
Enestor Dos Santos
BBVA Research - Principal Economist
Jorge Selaive
Juana Téllez
BBVA Research - Chief Economist
Carlos Serrano
BBVA Research - Chief Economist
Hugo Perea
BBVA Research - Chief Economist
Alejandro Faci
Documents and files
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