Detail Stuck in the Mud; Brazil's Disappointing Economy   Oleh:  [s.n] Jenis: Article from Bulletin/Magazine Dalam koleksi: The Economist (http://search.proquest.com/) vol. 407 no. 8839 (Jun. 2013), page 37-38. Topik: Geographic Profiles; Economic Conditions; Monetary Policy; Inflation Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel Figures published on May 29th showed that in the first quarter of this year Brazil's economy grew by just 0.6% (2.4% annualised), well short of the recovery analysts had expected. For the first time in years the country is running a trade deficit. Its primary fiscal surplus (ie, before interest payments) is shrinking and government debt is growing. Inflation close to 6.5% despite low growth suggests domestic rigidities are the main problem, rather than weak foreign demand. But stagnant growth is now hitting Brazilians in their pockets. After successive wage rises, this year's pay deals barely outpace inflation. Already indebted, households are reining in their spending. Consumer confidence is falling. Despite the weak growth figures, the Central Bank surprised markets by raising the base interest rate from 7.5% to 8%, making Brazil the only big economy currently tightening monetary policy. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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