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    Brazil Flash: ”Strong imports and profit remittances drive current account”

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    Published on Monday, December 19, 2011

    Brazil Flash: ”Strong imports and profit remittances drive current account”

    Summary

    Current account deficit reached USD 6.8bn in November, broadly in line with expectations, due to the dynamism of imports (4.6%m/m SA; 21.8%y/y) and the increase in profit remittances.

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    BBVA Research BBVA Research

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    Report (PDF)

    111220_Brazil_Flash-Imports_tcm348-282983.pdf

    English - December 19, 2011

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