Published on Monday, April 25, 2016
LatAm Daily | Brazilian economic activity contracted again in February
Summary
The IBC-BR decreased by 0.3% MoM in February, the fourteenth decline in a row. This figure reinforces our view that the recession is not over yet and that GDP will contract again in 1Q16, although not as sharply as in the last quarters.
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- Latin America
- Brazil
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- Macroeconomic Analysis
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Authors
ED
Enestor Dos Santos
BBVA Research - Principal Economist
LL
Lorena Lechuga
HP
Hugo Perea
BBVA Research - Chief Economist
CP
Cecilia Posadas
BBVA Research - Principal Economist
JS
Jorge Selaive
CS
Carlos Serrano
BBVA Research - Chief Economist
JT
Juana Téllez
BBVA Research - Chief Economist