Luis Otavio Leal, our Partner and Chief Economist, gave Valor Econômico his analysis of the GDP behavior suggested by the Central Bank of Brazil, presenting charts that were elaborated by our economics team.
The analysis of the cyclical GDP is yet another sign that the Brazilian economy is growing, driven by the strength of the domestic market, which was one of the reasons the Central Bank of Brazil raised interest rates at the COPOM meeting held on December 11.
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