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on January 1, 2014

IMF: Brazil growth rate down to 3.8% in 2011

The International Monetary Fund reduced the Brazilian growth rate for 2011 to 3.8%, against 4.1% in its previous estimate. In the report "World Economic Outlook 2011," which brings the most recent updates for the institution’s estimates, the IMF maintained the Brazilian growth rate estimate in 3.6% for 2012.

The IMF expects the Brazilian economy accomplishes its inflation rate goals of 6.6% in 2011 and 5.2% in 2012, while estimates the unemployment rate to be 6.7% in 2011 and 7.5% in 2012. The World Economic Outlook report can be accessed online.

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