RaboResearch - Economic Research

Country Report

Brazil: headwinds intensify

Brazil is experiencing the strongest contraction in the last two decades on the back of an unfavourable environment, a frontloaded adjustment of economic policy and prevailing negative sentiment. Increasing political tensions complicate the situation.

Country Report

Country Report Brazil

Brazil’s economy is in the doldrums and the recent return to sounder macroeconomic policies, though positive in the long term, will weigh heavily on economic activity in 2015.

Country Report

Country Report Brazil

Economic growth in Brazil is likely to fall below 1% in 2014, as both investment and consumption have been weakening. In the second quarter, the economy officially entered a recession. Meanwhile, the October 2014 presidential elections have become very competitive after Marina Silva’s entry to the race.

Country Report

Country Report Brazil

Brazil’s current account deficit has increased strongly in 2013, but the large foreign exchange reserves continue to mitigate balance of payments risks. Meanwhile, the central bank has continued its aggressive tightening cycle.

Country Report

Country Report Brazil

The recent mass protests show that Brazil’s middle class has become more vocal in its demands for better public services. Meanwhile, economic growth has continued to disappoint.

Country Report

Country Report Brazil

With GDP growing by only 1%, 2012 has been a disappointing year for Brazil. Low unemployment and investment will constrain economic growth in the coming years. However, the government seems somewhat more willing to address Brazil’s structural issues.

Country Report

Brazil (Country Update)

Brazil's economic growth has been disappointing, with growth falling to 2.7% in 2011 and an expected 2% (at most) in 2012. The central bank has been lowering its policy rate to a record-low 7.5%.

Country Report

Brazil (Country report)

Brazil’s economy grew by only 2.7% in 2011, after the high 7.5% growth of 2010. The government has tried to stem the appreciation of the real by further tightening its capital controls.

Country Report

Brazil (country report)

After posting 7.5% economic growth in 2010, the highest growth rate in 24 years, we expect the economy to grow at a slower pace in 2011. This is welcome, as inflation has been approaching the upper bound of the target range.