Reported 4 months ago
A Reuters poll forecasts that Brazil's economy is expected to have picked up pace in the first quarter of 2024, with a 0.8% GDP increase compared to the previous quarter. This acceleration is attributed to stronger household spending, private investment, and an increase in federal outlays. Analysts project growth influenced by private consumption and a fiscal impulse from the government. Despite initial forecasts, Brazil is expected to surpass expectations for economic growth this year.
Source: YAHOO