Brazil : Staff Report for the 2013 Article IV Consultation

Author/Editor:

International Monetary Fund. Western Hemisphere Dept.

Publication Date:

October 23, 2013

Electronic Access:

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Summary:

This 2013 Article IV Consultation highlights that Brazil’s economy is recovering gradually from the slowdown that began in mid-2011. Consumption remained resilient last year underpinned by low unemployment and broad gains in real wages, although it has slowed somewhat more recently. After a protracted period of weakness, investment has begun to recover in recent quarters while business confidence has firmed. With the economy estimated to be operating close to potential, supply-side constraints have restrained near-term growth and exacerbated inflationary pressures. Financial conditions have tightened but credit growth has remained strong, driven by public banks’ lending.

Series:

Country Report No. 13/312

Subject:

English

Publication Date:

October 23, 2013

ISBN/ISSN:

9781616359454/1934-7685

Stock No:

1BRAEA2013004

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

97

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