Itaú BBA - Monthly GDP expands in August

Macro Brazil

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Monthly GDP expands in August

octubre 16, 2018

Gains in 7 out of 13 monthly GDP components

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

In August, Itaú Unibanco’s monthly GDP (PM-Itaú) climbed 0.8% mom/sa and 2.7% yoy.

In the quarter ended in August, the indicator advanced 1.3% qoq.

For September, based on already released coincident indicators, we expect, for the time being, PM-Itaú to fall 1.3% mom/sa, offsetting the August increase.

Artur Manoel Passos
Alexandre Gomes da Cunha

 

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



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