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    Macroeconomic Analysis

    Does Brazil’s Industrial Production Data and Selic Rate Ring a Bell?

    First the good news: After two years of a deep recession, the economic fundamentals of Brazil are showing signs of bottoming out. Industrial production has started to turn, and so have sentiment indicators, with business confidence indexes leading the way (source: Bloomberg). Particularly encouraging are the improvements in the inflation trend. Prices have been easing […]

    By Heidi Richardson
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