02 Sep 2013
by Marcelo Gazzano, Cristina Pinotti and Affonso Pastore
Brazil’s GDP growth in the second quarter exceeded all projections. At 1.5% (6.0% in annual terms – Graph 1), it was the strongest since the first quarter of 2010, changing the growth estimates for 2013. Among the various surprising results is the growth in the service sector, about which there is insufficient information to permit more than rough estimates. But care should be taken not to be overly optimistic, because there are clear indications that this strong growth pace will not continue in the third quarter. With the second-quarter result, it now appears that GDP growth in 2013 will l...
Now read on...
Register to sample a report
Copyright 2021 GlobalSource Partners. All rights reserved. This Report is prepared for GlobalSource Partners’ clients and may not be redistributed, reproduced, stored in a retrieval system, retransmitted or disclosed, in whole or in part, or in any form or manner, without the express written consent of GlobalSource Partners. This Report is distributed simultaneously to our website and other portals used by GlobalSource Partners. The information herein was obtained from various sources and is believed to be reliable but GlobalSource Partners does not warrant its completeness or accuracy. Neither GlobalSource Partners nor any Country Analyst, officer or employee accepts any liability whatsoever for any direct, indirect or consequential damages or losses rising from any use of this Report or its contents.