Itaú BBA - COVID-19 monitor: news cases accelerate in Brazil and the U.S.

Macro Brazil

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COVID-19 monitor: news cases accelerate in Brazil and the U.S.

marzo 25, 2020

Recent numbers: cases continue to grow worldwide, driven by Europe and the U.S.


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

 

 This is a weekly report, about the coronavirus evolution and its consequences on economic activity.

 Recent numbers: cases continue to grow worldwide, driven by Europe and the U.S.

 Comparing outbreaks: Brazil does not seem to differ much from the rest. Italy, Spain and Iran stand out.

 Forecasts: Europe may be approaching a turning point, U.S. accelerating.

 Economic activity: Asia in slow recovery, U.S. and Europe falling fast.

 Scenario revision: we now expect a 0.4% contraction for the global GDP in 2020, with 3.3% growth in China,  0.1% in the U.S., -2.2% in Europe and -0.7% in Brazil (see more here).


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



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