Economy

xchrom

(108,903 posts)

23. Brazil economy in slowdown ahead of World Cup

Sat May 31, 2014, 07:31 AM

May 2014

http://www.bbc.com/news/business-27643472

Brazil's economy grew 0.2% in the first three months of 2014, official statistics show.

The Brazilian Institute of Geography and Statistics also revised down economic growth in the last three months of 2013, to 0.4%.

The sluggish growth figures come just before the start of the World Cup and presidential elections in October.

President Dilma Rousseff, who is seeking re-election, has said the football event will spur growth.

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