The international financial institution raised its forecast for Brazil’s economic growth in 2023. The estimate for the global economy was also raised.
Browsing: Pib brasil
The IMF improved Brazilian growth forecasts in its report published on Tuesday (31). Brazil and Mexico drove up the projections for Latin America and the Caribbean.
Brazil’s economy grew slightly from the second quarter, but it expanded 3.6% from a year earlier.
Paulo Guedes told a group of worldwide dignitaries in Washington about Brazil’s economic recovery.
Brazil’s Gross Domestic Product increased from April to June compared to the first three months of the year, mainly driven by the services sector. In the first half, the country grew by 2.5%.
The national institution increased its estimate for Brazilian GDP growth in 2022, which in March was at 1%. Household consumption and investment in production could be some of the main boosters.
The Institute of Applied Economic Research has revised down the Brazilian economic growth in 2021 from 4.8% to 4.5%.
