Despite great agriculture performance Brazil’s economy first quarter result disappoints

Friday, May 31st 2013 - 07:19 UTC

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Brazil's economy grew 0.6% in the first quarter of 2013, compared with the final quarter of last year, the government said this week. The figure could confirm official projections that the economy would recover following the slowdown experienced over the past two years. Read full article

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ChrisR
Very good performance by the agricultural sector and I do not remember any tax breaks or subsidies being involved.

Pity that mollycoddling the auto, white goods and ethanol production just delays the inevitable day of reckoning when they all have to stand on their own two feet in the rest of the world.

Only then will Brasil be truly in the big league that Dilma so desperately wants.
May 31st, 2013 - 12:36 pm - Link - Report abuse 0
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mastershakejb1
I wasn't disappointed ;) , in fact I expect the “growth” to be lowered when they revise this figure in coming months/years. Brazil's just a boom and buster like Argentina, forever to be mismanaged
May 31st, 2013 - 12:52 pm - Link - Report abuse 0
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yankeeboy
Anyone remember CFK's minions thinking the Brazil economy would be their saviour....
I told them they were wrong
I never get tired of being right
May 31st, 2013 - 04:18 pm - Link - Report abuse 0
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