Brazil's economy rebounded with 0.8% growth in Q1, driven by private investments and household demand.

Brazil's economy rebounded with 0.8% growth in the first quarter, driven by private investments and household demand. The data offers a more optimistic outlook for Latin America's largest economy, but concerns remain over historic flooding in southern Brazil and its impact on food prices. The growth is slightly better than analysts' forecasts of 0.7%, though central bank inflation concerns persist with increased consumer spending.

June 04, 2024
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