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Brazil Economy Sees 2009 Decline

March 11th, 2010 · No Comments · Brazil Economy

Growth in the Brazil economy decline slightly in 2009 as it contracted 0.2 percent according to the Brazil government as reported by AP.

The bright spot to the flat Brazil economic growth news is the fact the fourth quarter saw a significant increase with the Brazil economy growing 4.3 percent, which in in line consensus forecasts of a 2010 growth rate of 5 percent for the Brazilian economy.

The worst hit sectors in the Brazil economy for 2009 were agriculture and industrials although services we up.

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