Brazilian Outlook Improves, But Growth Still Set To Slow
Country Risk / Brazil / Fri 26 Apr, 2024
Key View
- We have revised up our forecast for Brazilian real GDP growth in 2024 from 1.6% to an above-consensus 2.1%, while we have modestly lowered our 2025 projection from 2.0% to 1.8%.
- Data for the early part of 2024 have generally been quite strong, with domestic demand remaining resilient. Consumer spending in particular has benefitted from a