LatAm Daily | Credit market slows down in Brazil in line with the economy
Published on Wednesday, June 24, 2015 | Updated on Wednesday, June 24, 2015
LatAm Daily | Credit market slows down in Brazil in line with the economy
Credit continued its downtrend in May, growing less than at the end of 2014 while NPLs remained stable. In Colombia, retail confidence improved slightly, as did industrial confidence. Moreover, imports fell in April due to an adjustment in capital goods in line with our estimate. The trade deficit stood at USD1.039 M confirming a gradual adjust in the current account.
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