Economy would have grew below 3% YoY in April (BBVAe: 2.4% - 2.6% YoY) and generalized slowdown prevails

Published on Friday, May 30, 2014 | Updated on Sunday, July 15, 2018

Economy would have grew below 3% YoY in April (BBVAe: 2.4% - 2.6% YoY) and generalized slowdown prevails

Summary

Activity by sectors anticipates an Imacec below market expectations for April. Meanwhile, the unemployment rate reached 6.1% in April, but higher job-destruction is only a matter of time.

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BBVA Research BBVA Research

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Economía habría crecido bajo 3% a/a en abril y desaceleración generalizada se mantiene

Spanish - May 30, 2014

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