Itaú BBA - Monthly GDP expands in April

Macro Brazil

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Monthly GDP expands in April

June 13, 2019

For May, we expect, for the time being, PM-Itaú to remain stable.

For the version with all charts and tables, please open the attached pdf file.

 

In April, Itaú Unibanco monthly GDP (PM-Itaú) advanced 1.0% mom/sa and 0.4% yoy.

From a demand standpoint, household spending increased 0.2% during April, while capital investment expanded 2.1% mom/sa.

For May, we expect, for the time being, PM-Itaú to remain stable.


Luka Barbosa
Matheus Felipe Fuck



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