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1st Jun 2015 05:01Latin America, Economic Monitor

The fact that Brazilian economy shrank in the first quarter was never in doubt; what really mattered was the pace of contraction. Surprisingly; the decline was just 0.2% quarter-on-quarter in Q1, above market expectations, but still down after the meagre 0.3% gain in Q4.

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Keywords for: 1 June. 2015 Brazil's GDP Growth Better Than Expected - But Still Very Bad

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