LATAM8 Brief

Latam8 Brief Reports

Latam 8 October 11

11 Octubre 2022
Economic activity grew 1.0% in the second quarter, above expectations, but it stagnated in July (-0.04% in July m/m, seasonally adjusted). Year-on-year the economy grew 5.6%, below the 6.9% in June and the 7.9% in May. We expect the decelerate during Q3 and contract in Q4 due to import controls that affect productio...

Latam 8 June 30

30 Junio 2022
Economic activity is evolving with ups and downs since the beginning of the year. In February it grew 1.1%, in March it fell again 0.8% and in April it recovered 0.6%. Year-on-year positive rates are observed but it is mainly because of the low comparison base. In the accumulated of the year the economy grew by 5.7%...

Latam 8 April 5

06 Abril 2022
The economy rebounded 10.3% in 2021 after the collapse of 9.9% in 2020. In the fourth quarter, activity grew 1.5% compared to the third quarter s.a. and 8.6% y/y. Investment and private consumption were the components of aggregate demand with the best performance. On the supply side, the largest year-on-year increas...

Latam 8 December 22

22 Diciembre 2021
In the third quarter of the year, GDP grew 11.9% y/y and 4.1% compared with the previous quarter. The most dynamic sectors during that period were “social services” (cinemas, theatres, cultural and sport venues) and hotels and restaurants, both highly affected by the lockdowns. Construction and Industry also had goo...

Latam 8 September 29

30 Septiembre 2021
Economic activity grew 0.8% in July and 11.7% in the year-on-year comparison. This recovery is being led by Manufacturing, Commerce and Real Estate activities. Additionally, as the vaccination process continues and the pandemic seems to be giving in, consumption-related sectors will take the lead. That is the case o...

Latam 8 June 30

30 Junio 2021
Economic activity fell 1.2% m/m in April. This is the third consecutive fall since February. Year to date the economy has grown by 8.2% against the same period in 2020, but this is mostly explained by the low comparison base. Compared to April 2019, only four out of 15 sectors are above 2019’s level, among which are...

Latam 8 April 7

07 Abril 2021
In 2020 the GDP fell 9.9% recording one of the highest contractions in history. Both private consumption and investment plummeted 13.1% and 13% respectively. According to January data, the recovery is being led by Manufacturing (+4.6% y/y, Construction (+10.2% y/y), and Commercial activity (2.6%). Another sector wit...

Latam 8 December 23

23 Diciembre 2020
On Q3 the GDP rebounded 12.8% q/q s.a. after the record contraction in Q2 of 16.0% q/q (and -19.0% y/y), leading to a reduction of the y/y fall to 10.2%. As isolation measures eased, private consumption rebounded 10.2% q/q and investment jumped 42.9% -driven by the construction sector- but will end the year with the...

Latam 8 September 29

30 Septiembre 2020
Economic activity recovered from the trough of April in May and June and to a lesser extent in July, but it seems to have stopped there. The lack of an exit plan for the lockdowns coupled with severe injuries to government credibility have implied a strong hit on investment. The interior of the country that was almo...

Latam 8 June 19

22 Junio 2020
The economy seems to have touched bottom in April, but the recovery is not looking like a V-shaped one. Firstly, the lockdown continues in the Buenos Aires area and is likely to do so through July. Secondly, the government is limiting in the second half the size of the stimulus programs. Thirdly, the payment chain f...