Your Global News Source
2023 saw Brazil’s industrial output barely move, with just a 0.2% rise. This small upturn follows a 0.7% dip in 2022. The Brazilian stats agency IBGE shared these findings on February 2, 2024. Despite the overall stagnation, this is an improvement from the previous year. Growth occurred in several areas. Semi and non-durable goods went […]
Brazil’s Central Bank has increased its 2024 economic growth forecast to 3.2%, matching the expectations of the Finance Ministry. The bank’s previous estimate in June stood at 2.3%. Despite this positive outlook, the Central Bank anticipates a slowdown in economic growth for 2025. The upward revision stems from an unexpectedly strong performance in the second […]
