Itaú BBA - Monthly GDP is stable in January

Macro Brazil

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Monthly GDP is stable in January

March 15, 2019

Mixed data

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

 Itaú Unibanco monthly GDP (PM-Itaú) remained stable on a seasonally-adjusted basis during January, while expanding 1.0% year-over-year.

 From a demand standpoint, household spending as well as fixed capital investments increased during the month.

 For February, we forecast, for the time being, growth of 0.9% mom/sa in PM-Itaú.
 

Alexandre Gomes da Cunha
 

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



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