LatAm Daily | Primary surplus in March, but the fiscal outlook worsens in Brazil
Published on Wednesday, June 1, 2016
LatAm Daily | Primary surplus in March, but the fiscal outlook worsens in Brazil
Summary
Despite the measures taken recently we remain sceptical about the fiscal outlook. In Chile the unemployment rate stood at 6.4%, while in Colombia (urban) it stood at 9.1%. Today Brazilian 1Q16 GDP data will be published; we estimate a new contraction, although less intense than in previous quarters.
Geographies
- Geography Tags
- Latin America
- Brazil
- Colombia
- Peru
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