Published on Wednesday, June 1, 2016
LatAm Daily | Primary surplus in March, but the fiscal outlook worsens in Brazil
Despite the measures taken recently we remain sceptical about the fiscal outlook. In Chile the unemployment rate stood at 6.4%, while in Colombia (urban) it stood at 9.1%. Today Brazilian 1Q16 GDP data will be published; we estimate a new contraction, although less intense than in previous quarters.
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Authors
LL
Lorena Lechuga
JS
Jorge Selaive
Geographies
- Geography Tags
- Latin America
- Brazil
- Colombia
- Peru
Topics
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- Macroeconomic Analysis
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