Published on Tuesday, September 22, 2015
LatAm Daily | Brazilian economic activity is unchanged and GDP will contract again in 3Q15
Summary
Economic activity in July in Brazil remained unchanged, and despite this indicator being above our forecasts, we continue to expect a contraction in GDP in 3Q15 due to political and economic issues. In Colombia the government guarantees half of the external resources with an issuance of USD1.5bn in 10 year bonds. September’s IPCA-15 in Brazil will be released today.
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- Latin America
- Colombia
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- Macroeconomic Analysis
Documents and files
Authors
MC
Marina Conesa
ED
Enestor Dos Santos
BBVA Research - Principal Economist
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