Itaú BBA - Monthly GDP expands in October

Macro Brazil

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Monthly GDP expands in October

December 14, 2018

Investment and consumption remained stable during the month


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

In October, Itaú Unibanco’s monthly GDP (PM-Itaú) climbed 0.6% mom/sa and 2.1% yoy.

From a demand standpoint, the investment indicator as well as household spending were stable on a monthly basis.

For November, we expect, for the time being, PM-Itaú to increase 0.5% mom/sa.
 

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



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