Webinar debates GDP and reduction in uncertainty
The coronavirus pandemic and Brazil’s political and economic circumstances are keeping uncertainty at high levels, although it is lower than in April and May, when it hit record highs. In order to help minimize the markets’ difficulties in looking ahead amid so many negative variables, Fundação Getulio Vargas’ Brazilian Institute of Economics (FGV IBRE) will hold a webinar on Wednesday, November 25, starting at 10 am, called Reducing Uncertainties: A Snapshot of Economic Activity. The free virtual meeting will be broadcast on FGV’s YouTube and LinkedIn channels.
By presenting and analyzing FGV IBRE’s exclusive tool, the Economic Activity Monitor, it will be possible to get a better understanding of Brazil’s GDP trends. Claudio Considera, an economist and the coordinator of FGV IBRE’s National Accounts Center, will present data related to GDP and its components, in terms of both the supply of products and their consumption (demand).
“This tool makes it possible to reduce uncertainty about the future of the economy, as we calculate monthly GDP and IBGE divulges the official GDP results every quarter. We were the first to note that April would be the worst month of the pandemic and since then the figures have been less bad, as we predicted. So, we offer high-frequency information, which is crucial in this context,” Considera says.
He will discuss the advantages for investors in being able to anticipate future GDP data and explain that it is possible to make inferences from estimates of total GDP and breakdowns of supply and demand. He will also present the Economic Activity Monitor in more detail.
The meeting is aimed at market players, economists, students and other people interested in the subject. To sign up, click here.