13-Oct-2010 12:41 PM

Brazil's economy may expand 7.5% in 2010

Brazil’s Finance Minister Guido Mantega stated Brazil’s economy may expand 7.5% in 2010 up from a previous forecast of 7% (Bloomberg, 13-Oct-2010). Mr Mantega stated Brazil is experiencing a sustainable expansion and conditions are in place for 5.5% to 6% growth in the next four years regardless of how the US economy performs. He added that inflation in the range of 5-5.2% is anticipated this year.

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More