…except GDP.
Today’s episode is tax collection, with July’s actual tax revenues down 17% but the SUNAT tax office people immediately come out and say “the worst is over” (taking their queue from Spongebob Carranza) and grabbing the Prozacked headlines with a forecast of -11.3% down for the year. And therefore because their yearly forecast is better than an actual month’s results, things are getting better.
If I weren’t all cried out about the futbol I’d shed a tear.