Itaú BBA - Monthly GDP expands in July

Macro Brazil

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Monthly GDP expands in July

septiembre 14, 2018

Headline reading is stronger than diffusion indicated


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

Itaú Unibanco’s monthly GDP (PM-Itaú)  expanded 0.2% mom/sa in July and 1.6% yoy.

In the quarter ended in August, the indicator decreased slightly vs. the previous quarter (-0.1%).

For August, based on already released coincident indicators, we expect, for the time being, PM-Itaú to increase again, by 0.4% mom/sa.


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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