Published on Tuesday, July 7, 2015 | Updated on Tuesday, July 7, 2015
Latam Daily | Activity data reinforces the downward bias to our 2015 GDP forecast in Chile
Summary
In Chile, aggregate activity rose 0.8% YoY in May missing the consensus, mainly driven by decline in manufacturing, mining and wholesale trade. This weak figure reinforces our view for a downward bias to our GDP growth forecast. Today, the trade balance and exports will be released in Chile and Colombia respectively. We expect Colombia’s exports to have fallen 43%.
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- Latin America
- Colombia
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Authors
CP
Cecilia Posadas
BBVA Research - Principal Economist
ED
Enestor Dos Santos
BBVA Research - Principal Economist
JS
Jorge Selaive
JT
Juana Téllez
BBVA Research - Chief Economist
CS
Carlos Serrano
BBVA Research - Chief Economist
HP
Hugo Perea
BBVA Research - Chief Economist
AF
Alejandro Faci