Presentation “Brazil Economic Outlook. Third Quarter 2016”
Published on Tuesday, August 9, 2016
Presentation “Brazil Economic Outlook. Third Quarter 2016”
Summary
The worst in terms of activity growth is probably already over, but the cyclical recovery will be slow as structural factors (such as fiscal deterioration) will continue to weigh negatively. We continue to expect GDP to grow by 0.9% in 2017 after having contracted 3.8% in 2015 and 3.0% in 2016.
Geographies
- Geography Tags
- Latin America
- Brazil
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
BBVA Research
BBVA Research