Category: Macroeconomics
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Brazilian GDP beats expectation in Q3 and grows 1.5% QoQ. But is that sustainable?
The result of the GDP may have shown some relief that the economy is still growing. However, this result is still not a guarantee that the situation is better and that the growth in the year will be higher than current expectations, around 2.5% YoY, the so called PIBinho, diminutive for GDP in Portuguese. Manufacturing…