Published on Wednesday, June 1, 2016

LatAm Daily | Primary surplus in March, but the fiscal outlook worsens in Brazil

Summary

Despite the measures taken recently we remain sceptical about the fiscal outlook. In Chile the unemployment rate stood at 6.4%, while in Colombia (urban) it stood at 9.1%. Today Brazilian 1Q16 GDP data will be published; we estimate a new contraction, although less intense than in previous quarters.

Geographies

Topics

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


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Report (EPUB)

67413_129012.epub

English - June 1, 2016

Report (PDF)

67413_129012.pdf

English - June 1, 2016

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