Published on Tuesday, September 1, 2015 | Updated on Tuesday, September 1, 2015
LatAm Daily | Chilean activity could imply downward bias in growth consensus
Summary
The negative surprise extended to all sectors, particularly mining and manufacturing, influenced by lower external demand and transitory factors. Retail trade was also lower than expected. We estimate an IMACEC contraction in July, implying a downward bias to our baseline scenario.
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- Brazil
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- Macroeconomic Analysis
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Authors
CP
Cecilia Posadas
BBVA Research - Principal Economist
ED
Enestor Dos Santos
BBVA Research - Principal Economist
JS
Jorge Selaive
JT
Juana Téllez
BBVA Research - Chief Economist
CS
Carlos Serrano
BBVA Research - Chief Economist
HP
Hugo Perea
BBVA Research - Chief Economist