LatAm Daily | Current account deficit declines in Brazil but remains high in Colombia
Published on Tuesday, December 22, 2015 | Updated on Wednesday, January 13, 2016
LatAm Daily | Current account deficit declines in Brazil but remains high in Colombia
Summary
The CA deficit for November was lower than expected in Brazil. We expect it to continue declining in 2016. In contrast, in Colombia imports fell less than expected, such that the CA deficit in 2015 will likely be above our forecast. The relatively optimistic tone of the Chilean Monetary Policy Report suggests that two interest-rate hikes in 2016 are being contemplated.
Geographies
- Geography Tags
- Latin America
- Colombia
- Brazil
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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