Analysis by Region - Emerging Markets

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $185	10 Pages	Oxford Economics	February, 2025	OFE19846945

Best Price Guarantee
Price	from $185
Length	10 Pages
Publisher	Oxford Economics
Published Date	February, 2025
SKU	OFE19846945

The sharp activity contraction in December 2024 forced us to pull our expectations of an economic slowdown forward and cut our 2025 GDP growth forecast for Brazil by 0.6ppts to 1.2%. A smaller carryover from 2024, a much tighter monetary policy stance, and the beginning of a deterioration in labour market conditions justify our below-consensus view on growth this year and next.

Brazil: Weak activity data in December bodes ill for 2025 growth

Forecast overview

Recent developments

Short-term outlook

Key drivers of our short-term forecast

Economic risk

Economic risk evaluation

Risk warnings

What to watch out for

Global scenario analysis

Long-term prospects

Background

Economic development

Structure of the economy

Balance of payments and structure of trade

Politics

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Analysis by Region - Emerging Markets - Brazil

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Analysis by Region - Emerging Markets - Brazil