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LatinNews Regional Monitor: Brazil & Southern Cone - 14 May 2019

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In brief: Brazil

* International credit ratings agency Moody’s Investors Service expects manufacturing to revive slightly in Brazil in 2019 and 2020. In a research announcement about a report analysing business risks for Latin American emerging markets in different corporate sectors, Moody’s notes that, despite risks posed by trade relations and exchange rates, the business conditions of Brazil’s manufacturing sector will “remain neutral with positive trends through mid-to-late 2020” and identifies the automotive, steel, and consumer goods industries as most likely to benefit from the revival of domestic spending, with the consumer market expected to remain in recovery.