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Brazil Ends Q2 Recession

Friday, September 11, 2009
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Brazil, Latin America's biggest economy, has pulled out of a recession, 2nd quarter data shows.

From Reuters:

SAO PAULO, Sept 11 (Reuters) - Brazil made a stronger-than-expected exit from recession in the second quarter, government data showed on Friday, returning to growth after a two-quarter slump in Latin America's largest economy sparked by the global financial crisis.

Brazil's gross domestic product grew a better-than-expected 1.9 percent from the previous quarter BRGDP=ECI, confirming that a recovery is well under way.

Read the full article.

Other Related Topics: Brazil Investments , Recession

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