LatAm Daily | Brazilian CA deficit falls to 4.2% of GDP; we expect 3.9% for the year end
Published on Monday, October 26, 2015
LatAm Daily | Brazilian CA deficit falls to 4.2% of GDP; we expect 3.9% for the year end
Summary
Brazilian FDI accumulates half of the figure recorded in September last year. We expect the exchange rate depreciation and the contraction in domestic demand to continue to favour a reduction of the current account deficit. Today, August IGAE will be released in Mexico. It is expected to be in line with the annual rate of GDP growth of 2.5%.
Geographies
- Geography Tags
- Latin America
- Brazil
- Mexico
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Marina Conesa
Enestor Dos Santos
BBVA Research - Principal Economist
Hugo Perea
BBVA Research - Chief Economist
Cecilia Posadas
BBVA Research - Principal Economist
Jorge Selaive
Carlos Serrano
BBVA Research - Chief Economist
Juana Téllez
BBVA Research - Chief Economist
Documents and files
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