Brazil’s Economy Ministry predicts 2023 GDP growth between 1.4% to 2.9%

by Aurelia Butler 9 November 2022, 12:01 169 Views

BRASILIA (Reuters) – Brazil’s Economy Ministry predicted on Wednesday a GDP growth range in 2023 between 1.4% to 2.9%, arguing that the structural growth of the economy is now higher than seen in the recent past.

The Ministry’s Economic Policy Secretariat stated in a report that the persistence of forecast errors for the Brazilian GDP in the last three years may indicate a change in the growth trend, drawing attention to the positive effects in the short term of a higher investment rate.

Source: Economy - investing.com

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Brazil’s Economy Ministry predicts 2023 GDP growth between 1.4% to 2.9%

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