LatAm Daily | February’s IGAE grew 0.2% MoM in Mexico
Published on Wednesday, April 27, 2016
LatAm Daily | February’s IGAE grew 0.2% MoM in Mexico
Summary
The main driver of IGAE’s growth was the Service Sector (0.5% MoM) while industrial sector decreased (-0.1% MoM). This modest growth can be linked to modest GDP growth rates. Also, trade balance figures showed a surplus of 155 USM due to an annual negative rate of growth of imports of -6.7%. In Brazil, we expect the BCB to leave the Selic rate unchanged at 14.25%.
Geographies
- Geography Tags
- Latin America
- Brazil
- Mexico
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Enestor Dos Santos
BBVA Research - Principal Economist
Lorena Lechuga
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
Warning: Invalid argument supplied for foreach() in /var/www/html/wp-content/themes/bbvaresearch/single.php on line 834