Macroeconomic Forecast Brazil

August 2007 | Macroeconomic Forecasts

BMI View: Latest data released by the Brazilian authorities show that the country's external balance continues to impress. The trade surplus came in at a robust US$3.3bn in July on the back of strong global demand for Brazilian goods. While this was a slight narrowing from June's surplus of US$3.8bn, it was largely due to fast import growth.

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