Brazil's GDP increased by 4.0% in 2006
The to the Brazilian Statistic Institute (Instituto Brasileiro de Geografia e Estatística) published an article about the GDP data for 2006 last week.
Final consumption increased by 4.5% in 2006, as a result of the increase of 5.3% in the household consumption, of 2.6% in the final government consumption and 1.7% in the consumption of non-profitable institutions serving households.
International Herald Tribune published today a notice from Brazilian officials say the economy are expected to grow by 4 percent in 2009 - cutting expectations from earlier estimates of up to 5 percent.
Eric Farnsworth as also published his comments about Brazil’s Future and Current Growth:
For more background information about the Brazilian economy we recommend you to read the blogpost “A Framing of Brazil’s Economy”