Report
Liseth Galvis-Corfe

A short-lived bounce back in Brazil?

Recent corruption scandals in Brazil, including bribery accusations against president Michel Temer, cast doubts on the durability of the recent improvement in some of the country's economic indicators. GDP grew by 0,2 per cent in Q2 2017 compared with the previous qurter, making a gradual transition after two years of contraction. Annual inflation has decreased substantially from 5.35 per cent year in January 2017 to 2.71 in July, resulting in a restoration of households' purchasing power. 

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Economic Perspectives
Economic Perspectives

Economic Perspectives is a trusted provider of global macroeconomic and financial research with clients in North America, Asia and the UK.

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For several years we have maintained that the only credible resolution of the 2008 global credit crisis is a resurgence of global inflation. We take an eclectic approach to the inflation outlook, considering political and socio-economic factors alongside macroeconomic drivers. We provide the multi-dimensional appraisal of the inflation outlook that is critical to formulating a successful investment strategy, at a time when inflation complacency is rife.

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Analysts
Liseth Galvis-Corfe

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