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Weekly Report - 19 March 2008 (ISSN 1741-7422)

BRAZIL: Investment and domestic consumption drive growth

Data released last week showed that the Brazilian economy grew by 5.4% in 2007. According to official statistics, investment and domestic consumption were the main drivers of economic growth last year. Despite the excellent results the government is concerned that the investment rate is not growing as fast as domestic consumption, a factor that could lead to inflation - the painful hangover of past Brazilian economic growth cycles.

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