Market Report, "Brazil Business Forecast Report Q3 2013", Published
Following a massive slowdown since 2011, we are expecting the Brazilian economy to rebound in 2013. This view is underpinned by our expectation that fixed investment will pick up over the coming quarters as the government increasingly pushes through projects in the penultimate year of the government's PAC II growth acceleration programme and in advance of the 2014 FIFA World Cup. That said, we continue to expect that a period of household deleveraging will constrain private consumption growth in the...
View full press release