Analysis by Region - Emerging Markets - Brazil

Analysis by Region - Emerging Markets - Brazil

Our 2024 GDP growth forecast was revised up by 0.3ppts since last month, to 1.2%. The outlook improved considerably since the beginning of the year as data up to February show a strong rebound in agricultural production, and likely have increased by 10% q/q in Q1. However, subsequent near-term momentum should subside sharply as we do not believe in consumer-led growth this year. We forecast demand momentum to correct somewhat as soon as Q2.

Brazil: Agricultural production to boost growth for another year
Forecast overview
Recent developments
Short-term outlook
Key drivers of our Short-term Forecast
Economic risk
Economic risk Evaluation
risk warnings
What to watch out for
global scenario analysis
Long-term prospects
Economic development
Structure of The economy
Balance of payments and Structure of trade

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