Tag: Brazil GDP

• Thursday, June 4th 2015 - 09:01 UTC

  Brazil's fiscal consolidation insufficient to deal with debt levels, says Moody's

  

  Brazil's debt levels will continue to increase through 2016 and remain high despite the government's fiscal consolidation efforts, potentially weakening the sovereign's credit profile, says Moody's Investors Service.

• Wednesday, May 7th 2014 - 07:22 UTC

  Dilma pledges economic growth with contained inflation following negative stats

  

  Brazilian president Dilma Rousseff said in a statement that her government ensures sustained economic growth, with contained inflation. The announcement followed market estimates saying that Brazil's GDP expansion this year would be down to 1.63%, below official and private recent estimates above 2%.

• Friday, February 28th 2014 - 03:28 UTC

  Brazil GDP expanded 2.3% in 2013; agriculture again the main engine

  

  Brazil's economic output grew 2.3% in 2013 for a third straight year of modest expansion by Latin America's biggest economy, the government announced on Thursday. GDP for the final quarter of the year rose a 0.7% compared to the third quarter, according to Brazil's Institute for Geography and Statistics, IBGE.

• Friday, June 22nd 2012 - 07:46 UTC

  Credit Suisse’s Brazil growth forecast of 1.5% this year “a joke” said Mantega

  

  Finance minister Guido Mantega said the latest release from investment bank Credit Suisse forecasting Brazil’s 2012 GDP growth at 1.5%, was “a joke”.