Brazil: Economic situation

30-10-2015

Following a cycle of steady growth at the end of the last decade, the Brazilian economy began to contract in 2011, and entered a technical recession in 2015. Declining exports, rising inflation, a growing deficit and corruption have destabilised the economy. Its future course will depend on fiscal adjustment, inflation control and on bolstering the economy's credibility.

Following a cycle of steady growth at the end of the last decade, the Brazilian economy began to contract in 2011, and entered a technical recession in 2015. Declining exports, rising inflation, a growing deficit and corruption have destabilised the economy. Its future course will depend on fiscal adjustment, inflation control and on bolstering the economy's credibility.