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    Worsened economic prospects for Brazil

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    Published on Monday, May 6, 2019

    Worsened economic prospects for Brazil

    The Brazilian economy saw a clear slowdown at the end of 2018 and growth in economic activity for the year was only 1.1% — the same rate recorded in 2017. Last year the country continued to recover too slowly from the strong recession that knocked almost seven percentage points off Brazil's GDP between 2015 and 2016.

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