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Brazil & Southern Cone - September 2012 (ISSN 1741-4431)
With 2012 written off, the Rousseff government looks to 2013
Despite the government’s best efforts, latest forecasts are for real GDP growth of just 1.6% year-on-year in 2012. Barring the 2009 recession (-0.6%), that would be the worst result since the left leaning Partido dos Trabalhadores (PT) first came to power under Lula da Silva in 2003 , when annual growth was a paltry 1.2%.
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