Itaú BBA - Monthly GDP expands 0.7% mom/sa in October

Macro Brazil

< Volver

Monthly GDP expands 0.7% mom/sa in October

diciembre 12, 2019

Widespread growth in October.


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

 

 In October, the Itaú Unibanco monthly GDP (PM-Itaú) climbed 0.7% mom/sa and 1.8% yoy.

 In the quarter ended in October, PM-Itaú advanced 0.8% vs. the previous quarter. We forecast 4Q19 GDP to expand 0.7% qoq/sa.

 Out of 13 monthly GDP components, 11 experienced growth on a seasonally-adjusted monthly basis.


Luka Barbosa
Matheus Felipe Fuck



< Volver