Retail sales grow 0.6%m/m in September and reduce the chances of a GDP drop in Q3
Publicada el miércoles, 9 de noviembre de 2011
Retail sales grow 0.6%m/m in September and reduce the chances of a GDP drop in Q3
Resumen
Retail sales expanded 0.6%m/m in September, recovering from a 0.4%m/m decline in August. Taking into account this information, we expect Q3 GDP to grow around 0.2%q/q. Although a GDP drop should not be ruled out, September’s retail sale data make it less likely.
Geografías
- Etiquetas de Geografía
- Brasil
Temáticas
- Etiquetas de Temática
- Análisis Macroeconómico
Autores
BBVA Research
BBVA Research