Daily Latam | Mexico growth forecast for 2015 revised downwards from 3.5% to 2.5%
Published on Friday, May 22, 2015
Daily Latam | Mexico growth forecast for 2015 revised downwards from 3.5% to 2.5%
Summary
In Mexico the quarterly growth was 0.4%, with a significant contraction in agriculture, services and industry in March. Brazil surprised with sharp decline in its activity indicators for March, while the deterioration in the labour market continued; these results confirm our view of a contraction of GDP in 1Q15 and a negative contribution of private consumption in 1H15.
Geographies
- Geography Tags
- Latin America
- Mexico
- Brazil
- Colombia
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
Documents and files
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