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Latin America Update

Latin America Update

Brazilian industry still facing an uphill struggle

Brazilian industrial production expanded at its fastest pace in a year in Q1 but the outlook for Q2 and beyond is less promising. The bigger picture remains that Brazilian growth is still being driven by consumer spending and that manufacturers are being squeezed by the strength of the real.

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This article is tagged with the following subjects: Brazil, Industry, Latin America, Macro-economics
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