Published on Monday, May 19, 2014 | Updated on Wednesday, June 4, 2014

Monthly activity index in Brazil declined on a monthly basis

Summary

Activity data in March shows a worse outcome than we expected for 1Q14, and reinforces the bearish bias in our full-year forecast. Data published today for 1Q14 GDP in Chile should confirm a moderation in domestic demand mainly due to reduced investment.

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BBVA Research BBVA Research

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19 May

English - May 19, 2014

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