Tag Archives: tax burden

Brazil’s third-quarter GDP disappointed analysts with 0.6% versus a market consensus of 1.2%.  revisions in GDP growth forecasts for both this year and 2013.  Main surprises Private consumption was up 0.9% but  investment decreased  (-2.0%) and government spending (+0.1%) came as the main surprises, according to ITAU BBA research. What did well? Agriculture sector with 2.5% while the industryContinue reading “Brazil’s GDP disappoints but tax burden is record”