Latam Daily | Brazil’s current account deficit narrows in May
Published on Tuesday, June 23, 2015
Latam Daily | Brazil’s current account deficit narrows in May
In the year to date the deficit is 20% lower than in the same period in 2014 demand, due to an improvement in the trade, services and income accounts. We expect the annual current account deficit to decline to 4.2% of GDP at the end of 2015.
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