Real GDP Growth Revised Down to 2.2% in 4Q14
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Real GDP growth in 4Q14 was revised down to 2.2% QoQ SAAR in the preliminary report, mostly due to an adjustment in private inventory ...
Real GDP Growth Revised Down to 2.2% in 4Q14
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Growth revised down from 2.6% to 2.2% for 4Q, though the annual average held at 2.4%. Our monthly activity index highlights employment and ...
Spain | Balance of payments December 2014
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Newly released balance of payments data shows that the current account closed 2014 close to equilibrium. After two consecutive months of ...
Portugal: The recovery is progressing faster than forecast
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The recovery gained traction in 4Q14, more than expected and our MICA-BBVA model is, for the moment, estimating 1Q15 growth of 0.4%. In the forecast horizon, we expect 1.5% growth in 2015 and 1.8% in 2016
The central bank of Peru modifies reserve requirements in line with its strategy of increasing the pace of ...
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The unemployment rate in Brazil was well above the expected, average real wages moderated, pointing to a labour market that continues to ...
Spain | February CPI flash estimate: the drop of inflation has started to moderate
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The flash estimate of CPI shows a decline in consumer prices in February lower than the previous month's drop, due to the monthly increase ...
Headline CPI Down for Third Consecutive Month
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CPI declined a massive 0.7% in January and dropped 0.2% on a YoY basis. Core inflation increased at a healthy 0.2% as the services ...
Spain | Industrial and consumer confidence in February: agents’ expectations ramained supportive
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Economic agents remained optimistic in the begin of 2015: both consumer and industrial confidence stayed above their pre-crisis average ...
Europe Outlook. First Quarter 2015
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We forecast a more solid growth in 2015, driven by oil and euro depreciation which will offset downside risks. Nevertheless, the challenges continue.