Pantheon Macroeconomics - Brazil's external deficit fell marginally in October, but most of the improvement is now likely behind us. The unadjusted current account deficit dipped to USD3.3B, from USD4.3B in October 2015. The trend is stabilizing, with the 12-month total rolling deficit easing to USD22B--that's 1.2% of GDP--from USD23B in September.

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23 November. 2016 Brazil's Current Account De cit is Stabilizing, Improvement Ahead

By Andres Abadia

Brazil's external deficit fell marginally in October, but most of the improvement is now likely behind us. The unadjusted current account deficit dipped to USD3.3B, from USD4.3B in October 2015. The trend is stabilizing, with the 12-month total rolling deficit easing to USD22B--that's 1.2% of GDP--from USD23B in September.

Posted: 22nd Nov 2016 in 'Latin America Documents'

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Keywords for: Latin America Documents | 23 November. 2016 Brazil's Current Account De cit is Stabilizing, Improvement Ahead

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