Brazil Economic Outlook. Second Quarter 2016
Published on Monday, May 23, 2016
Brazil Economic Outlook. Second Quarter 2016
Economic activity will continue to weaken while the political environment should remain turbulent. We expect GDP to decrease around 3.0% in 2016 and then rebound 0.9% in 2017. Inflation slowdown and current account improvement will bring some relief, while fiscal concerns will continue.
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