RIO DE JANEIRO, BRAZIL - Economists point to greater optimism with the dynamics of the economy after vaccination and fewer impacts from the 2nd wave, but risks remain on the radar.
Credit Suisse raised its projection for the Brazilian Gross Domestic Product (GDP) from 3.2% to 3.6% in 2021, stressing that the rebound in supply, as well as a very robust external demand, should be the main growth drivers for the year. The expectation for 2022 was also revised from 2.4% to 2.5% due to the carry over (statistical legacy of the previous year).
It should be . . .
To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed? Login Here
J P Morgan cuts Brazil s 2021 and 2022 GDP projection
riotimesonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from riotimesonline.com Daily Mail and Mail on Sunday newspapers.
Despite promising growth prospects, Brazil s 2021 GDP to remain below 2019 level - UNCTAD
riotimesonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from riotimesonline.com Daily Mail and Mail on Sunday newspapers.