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    April 12, 2022

    Turkey | Activity in q/q contraction as of April

    Industrial Production (IP) surprised on the upside, increasing 13.3% yoy in calendar adjusted terms (vs our expectation of 10% and consensus of 7.5%). We expect GDP growth to be 2.5% in 2022.

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    January 13, 2022

    Turkey | Strong activity indicators in November

    Industrial Production (IP) increased by 11.4% yoy in calendar adj. terms (14.7% yoy in raw series) in November higher than the market expectation of 8%. We expect 2022 GDP growth to be realized as 3.5%.

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    October 3, 2021

    Reforma eléctrica, aprobada, pone en riesgo competencia, inversión y medio ambiente

    El pasado jueves 30 de septiembre el presidente Andrés Manuel López Obrador envió a la Cámara de Diputados una iniciativa de reforma constitucional en materia eléctrica consistente en fortalecer la participación y atribuciones de la Comisión Federal de Electricidad (CFE).

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    September 2, 2021

    Mexico | Consumption loses steam in 3Q21: the reopening boom dissipates

    In August, the BBVA Consumption Index fell (-)1.9% MaM (sa), which adds to the low growth of July (0.4%), pointing to a slowdown in pent-up demand in 2H21.

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    May 31, 2021

    Turkey | The economy grew by 7% in 1Q21

    Turkish economy grew by 7.0% in yearly terms in 1Q21 and 1.7% in quarterly terms implying no moderation compared to 4Q20. Current strong momentum, ongoing credit growth and positive global outlook put upside risks on our prudent 2021 growth forecast of 5%.

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    May 11, 2021

    Uruguay Economic Outlook 2021

    The global economy keeps recovering in spite of the uncertain epidemiological context. World GDP growth should be 5.9% in 2021. The worsening health situation slows down economic activity in Uruguay, which will grow less than expected in 2021.

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    April 28, 2021

    Argentina Economic Outlook. Second quarter 2021

    After falling 9.9% in 2020, the economy is recovering faster than expected. Nevertheless, the rebound is heterogeneous across sectors. The health situation remains challenging, in a 2021 also marked by the mid-term elections in October.

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    April 15, 2021

    Peru | Positive GDP surprise in February

    GDP dropped 4,2% YoY in February. The main factor behind the result are the harsher isolation measures implemented during the month. The contraction was generalized amongst the sectors with the exception of construction, fishing, and telecommunication and financial services.
    • Geography Tags
    • Peru

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