The small fall in Brazilian industrial production in March suggests that, over Q1 as a whole, the sector stagnated, adding to the evidence that GDP growth in Q1 was quite soft. But there are a number of reasons to think that growth – both in industry and in the wider economy – will strengthen over the rest of this year. Indeed, our 2018-19 growth forecasts sit above the consensus.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.