segunda-feira, 21 de janeiro de 2013

Economia brasileira

Brazil’s economy

More inflation, less growth

In fact, the headline figure underestimates inflationary pressures. If the federal government had not capped petrol prices, and municipalities frozen public-transport fares before October’s local elections, last year’s figure would have been closer to 6.5%. In 2013 both those prices are likely to rise. The end of a sales-tax holiday for cars will boost inflation, too. Most analysts now think that inflation will be around 6% this year. Week by week, they are revising down their forecasts for economic growth in 2013, now at about 3%.
The government’s response to the bad news stoked fears that Brazil may be in for a long spell of high inflation and low growth.
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