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Brazilian business has been sending some blended indicators. Output has elevated for 3 months in a row, the PMI index — a carefully watched gauge of the well being of producers — has been up over the previous 4 months, confidence ranges within the economic system are creeping up, and the sector added 122,400 jobs within the first quarter.
Nonetheless, the sector stays under pre-pandemic ranges, and a strong comeback doesn’t seem like on the horizon.
Whereas Covid has made issues harder for factories, the virus isn’t the one issue; Trade has been shedding relevance within the Brazilian economic system for at…
Entry all of The Brazilian Report
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