LatAm Daily | Signs of additional contraction in activity in Brazil
Published on Thursday, September 17, 2015
LatAm Daily | Signs of additional contraction in activity in Brazil
Summary
After five consecutive months of contraction in Brazil, retail sales dropped again by 1.0% MoM in July. The figures support our view that private consumption and overall economic activity will decline again in 3Q15. Tomorrow the GDP by expenditure will be released in Colombia, where we expect a slowdown in private demand and solid growth in public investment.
Geographies
- Geography Tags
- Latin America
- Colombia
- Peru
- 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
Marina Conesa
Documents and files
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