The Brazilian Central Bank revised its growth forecast for the Brazil economy from 5 percent to 5.6 percent for 2008 according to AP.
In addition, the Brazil economy is expected to see an overall increase of 1.8 million to 1.95 million jobs for 2008.
Although the Brazilian economic news is positive, economist expect the Brazil economy to only grow 3.2 percent in 2009 as the global economic slowdown continues to take hold of the Brazil economy and other emerging market economies.
No Comments so far ↓
There are no comments yet...Kick things off by filling out the form below.