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Brazil Edged Out of Recession

Brazil Edged Out of RecessionBrazil 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.

 

Financialtribune.com