LatinNews Daily - 18 November 2021

In brief: Brazil’s government cuts growth forecast

* The secretariat of economic policy (SPE) in Brazil’s economy ministry has released its latest macro-fiscal bulletin, in which it has revised economic forecasts for the country, now predicting lower growth and higher inflation. The government now expects Brazil’s GDP to grow 5.1% this year, down from earlier forecasts of 5.3%, and for growth to slow to 2.1% in 2022. Inflation, meanwhile, is forecast to close this year at 9.7%, up from previous projections of 7.9%.

End of preview - This article contains approximately 80 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.