Published on Thursday, March 31, 2016
LatAm Daily | Further fiscal deterioration in Brazil
Summary
The primary result for the last 12 months reached -2.1% of GDP in February, from -1.8% in January. Fiscal indicators are likely to deteriorate more than previously expected. In Chile, aggregate activity showed a slight recovery. Figures suggest that IMACEC grew between 2%-2.5% YoY during February.
Geographies
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- Latin America
- Brazil
- Colombia
Topics
- Topic Tags
- 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