New Market Report: Home and Garden in Brazil
Economic growth lost momentum in 2012 and, 2013 prospects are not optimistic. So far, home and garden sales have sustained growth rates above GDP growth, stimulated by improved income levels among lower income segments combined with easier access to credit. As economic activity cools down, consumers begin to fear for their jobs and higher inflation. However, Brazil's housing deficit combined with the growing number of new households present a hopeful perspective.
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