Tag: growth estimates

• Thursday, January 10th 2019 - 08:28 UTC

  World Bank lowers Brazil tepid growth estimates both in 2018 and 2019

  

  The World Bank lowered its growth estimates for Brazil both in 2018 and this year. Last June the multilateral organization bi-annual report indicated that Latin America's largest economy would advance 2.4%, but it has now reduced that to 1.2%, one of the greatest falls for any country in the report.