Brazil's Economy: Growth Slows But Still Positive

Brazil's economy defied expectations, growing 0.4% in the second quarter despite a slowdown from earlier in the year. While agriculture dipped, industry and services stepped up. High interest rates hampered investment, but consumer spending, boosted by government support, kept the economy afloat. Overall, Brazil's economy grew 2.2% year-on-year, with a positive outlook for continued growth. Hosted on Acast. See acast.com/privacy for more information.