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KL Winterbourne Associates - Brazil Records Better Than Expected Growth in Q1
Brazilian economic growth surprises in first quarter as economy returns to pre-pandemic level. Tokyo, Japan, June 03, 2021 (PR.com) In the first quarter of this year, Brazil’s economy continued its rebound from the global health crisis, recording better than expected growth. Economists at KL Winterbourne Associates had expected Brazil’s economy to grow by 0.7 percent during the period from January to March this year.
However, with much of the Latin American country’s population choosing not to stay at home during the vicious third wave of coronavirus infections, the economy expanded by 1.2 percent from the previous quarter.