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Brazil Edged Out of Recession
World Economy

Brazil Edged Out of Recession

Brazil’s economy grew 0.1 percent in the third quarter from the previous quarter and pulled out of a brief recession, government agency IBGE said on Friday. It was slightly worse than expectations of a 0.3 percent expansion, according to the median forecast of 36 analysts polled by Reuters. That ended the technical recession Brazil suffered in the first half of the year.

 

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