6 December 2023 LatAm Monitor Brazil's GDP Growth Is Weakening, and the Near-Term Outlook Is Dim
4th Dec 2023 20:48Latin AmericaDaily Monitor
- Brazil’s economy dodged a contraction in Q3, despite the drag from rising real interest rates.
- Solid private consumption, for now, and resilient exports are overshadowing the capex recession.
- The outlook is deteriorating, as rates continue to stifle economic activity, but 2024 will be better.
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