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    Brazil's economic activity contracted in May

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    Published on Friday, July 18, 2014 | Updated on Monday, July 21, 2014

    Brazil's economic activity contracted in May

    Summary

    Disappointing data for manufacturing was not offset by the expansion of services. However, the positive impact of the World Cup on services sector indicators should prevent 2Q14 GDP from contracting sharply.

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    BBVA Research BBVA Research

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    67413_36169.pdf

    English - July 18, 2014

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