LatAm Daily | Brazilian economic activity contracted again in February
Published on Monday, April 25, 2016
LatAm Daily | Brazilian economic activity contracted again in February
Summary
The IBC-BR decreased by 0.3% MoM in February, the fourteenth decline in a row. This figure reinforces our view that the recession is not over yet and that GDP will contract again in 1Q16, although not as sharply as in the last quarters.
Geographies
- Geography Tags
- Latin America
- Brazil
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Enestor Dos Santos
BBVA Research - Principal Economist
Lorena Lechuga
Hugo Perea
BBVA Research - Chief Economist
Cecilia Posadas
BBVA Research - Principal Economist
Jorge Selaive
Carlos Serrano
BBVA Research - Chief Economist
Juana Téllez
BBVA Research - Chief Economist