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6 July 2022 May Industrial Data Confirm that Brazil's Recovery Remains on Track

Andres Abadia (Senior International Economist)5th Jul 2022 14:39Latin America, Daily Monitor

Output in Brazil’s industrial sector continues to rebound, helping to offset weakness elsewhere.

Increased fiscal support to families, an improving labour market, and the reopening are key drivers.

The near-term outlook, however, remains cloudy, due to high inflation and tighter financial conditions.

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