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    Latam Daily | In Brazil industrial output contracted for the third consecutive month

    Published on Wednesday, June 3, 2015

    Latam Daily | In Brazil industrial output contracted for the third consecutive month

    Summary

    Industrial production figures point to a larger contraction in 2Q15 GDP than in 1Q15. Today we will be waiting for the monetary policy meeting in Brazil where we expect the COPOM to deliver another 50bp hike, taking the Selic rate to 13.75%.

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    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

    Report (PDF)

    67413_79566.pdf

    English - June 3, 2015

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