Brazil Flash: ”Strong imports and profit remittances drive current account”
Published on Monday, December 19, 2011
Brazil Flash: ”Strong imports and profit remittances drive current account”
Summary
Current account deficit reached USD 6.8bn in November, broadly in line with expectations, due to the dynamism of imports (4.6%m/m SA; 21.8%y/y) and the increase in profit remittances.
Geographies
- Geography Tags
- Brazil
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
BBVA Research
BBVA Research
Documents and files
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