As trading commences on Thursday, October 31, 2024, investors are turning their attention to a series of domestic and international economic indicators poised to significantly influence the Brazilian markets. At 8:30 AM, Brazil’s Gross Debt to GDP ratio will be released. This indicator measures the country’s fiscal health by comparing its total debt to its economic […]
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Services Drive Brazil’s 0.8% GDP Growth in Early 2024
In the first three months of 2024, Brazil’s economic pulse quickened, achieving a notable 0.8% growth. This uplift, reported by the Brazilian stats agency IBGE, not only matched forecasts but also underscored the services sector’s vital role in national prosperity. Why is this significant? GDP measures a country’s economic health by summing up all goods […]
