Filter all of our publications to find the ones you are most interested in by content language, date, geography and/or topic.
Sort our publications chronologically from newest to oldest, regardless of geography and/or topic matter.
Sort publications according to the number of time reads by our users, regardless of geography and/or topic matter.
There are a wide number of important economic indicators that are not broadly disseminated when we refer to the economic situation and its forecasts. In this opportunity, we will focus on the most relevant macroeconomic balances: external and fiscal.
The Central Bank kept the policy rate at 50% in line with expectations. We expect that annual inflation will come down to 45-50% by September on base effects before ending the year at 43%. We believe that there would be only a limited room to start easing cycle very gradually in 4Q24 considering high inflation expectations.
As of 1Q24, Mexican exports totaled 144 billion dollars and imports totaled 146 billion dollars. 82.7% of Mexican´s exports went to the US and manufacturing exports totaled 127.1 billion dollars, 88.5% of the total. FDI as of 1Q24 amounted 20.3…
The process of relocating companies, or nearshoring, has placed Mexico in the international spotlight, with great expectations about the arrival of companies that seek to bring (part of) their production closer to the US market, which in turn w…
The Colombian economy is cycling towards recovery, with projections of moderate growth. Increasing investment and improving infrastructure are needed to accelerate the pace. Seizing local and external opportunities is crucial. Public-private co…
Output will grow 2,9% this year (previous forecast: 2,7%), supported by a new pension funds withdrawal. Sectors affected by weather anomalies in 2023 will recover and non-primary sectors too thanks to increased private spending. In 2025, once the impact of pension funds withdrawals is exhausted, growth would reach 2,7%.
The BBVA Forum is a quarterly event aimed at the bank's clients. In each edition, we present a summary of our global and national economic outlook as a contribution to their short- and medium-term financial decisions.
Formal employment in Mexico continues decelerating, growing 2.2% in May 2024, 0.2 percentage points lower than the previous month. Job creation is expected to pick up in the third quarter but at a slower pace than in 2023.
The intensity of political events, in a year plagued by key elections in many regions of the world, as well as two ongoing armed conflicts, contrast with the resilience of the global economy.
The cost of capital is vital for renewable energy projects due to high investment needs, policy uncertainty, and early-stage risks. De-risking strategies can lower costs, particularly in developing economies. However, for emerging cleantech, th…
Colombia's economic growth will begin to accelerate gradually during the second half of the year. Domestic demand is expected to consolidate by 2025. Growth is projected at 1.8% in 2024 and 2.8% in 2025. Inflation will continue to decrease, enabling the Central Bank to expedite rate cuts from the end of the year.
After the strong growth performance (2.4% q/q) in 1Q24, our monthly GDP indicator nowcasts 0-0.5% quarterly growth in 2Q24. Considering the strong performance of 1H24, risks start to be tilted slightly to the upside for our 2024 GDP forecast of 3.5%. Yet, lagged effects might put 2025 GDP growth under pressure.
