Brazil January 4, 2016 at 4:27 pm

He ended the crisis for Brazil? 8 July 2009 Brazil is passing successfully the ordeal imposed by the international financial crisis. It has not proved le anything but easy. On the way he has seen deteriorate strongly its trade balance, reduced its gross domestic product (GDP) and significantly increased its unemployment rate. But the crisis has bottomed out in the Brazilian economy and it comes time to resume the path busy towards growth and sustained economic development. A note of urgent 24, describes the encouraging signs which mark the start of the upward cycle in the Brazilian economy: there is a reversal of capital flight, domestic consumption is dynamic and the Government stimuli underpin activity. Key productive sectors already show signs of improvement and real income mass grows in a context of slowdown of inflation.

On the other hand, according to Reuters, the use of the installed capacity has grown in may for the fourth consecutive month to 79.8% and in the labour market, the unemployment rate fell in may for the second consecutive month to 8.8 per cent of the economically active population. In the external sector, in June the economy reached the largest trade surplus since December 2006 due to the slowdown in the fall in exports. From the financial system, are extending deadlines and amounts of any other funding to families and businesses, thanks to the measures promoted by the Central Bank as they were the creation of a Fund of credit guarantee and reduction of banks lace. The credit recovery reinforces the recovery starting to be observed in the domestic demand for consumption and investment. Even car sales, very sensitive durable commodity crises, registered a rise in the month of June of 21.5% monthly (and an annual 17.2%) totaling 300.157 units sold. The first half of the year closed with 1449 million units sold (1,407 million had been sold in the same period of 2008) and the strength of domestic demand has managed to reverse the production situation of the sector, which has grown again in June for the second consecutive month.

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