Brazil Economy Likely Slowed To Near-halt In First Quarter
Brazil’s economy probably slowed to a near halt in the first quarter as investments slowed and factories cut back on production, burying hopes that a surprise rebound in late 2013 could turn into a steady recovery. Gross domestic product probably grew just 0.2 percent in January through March from the fourth quarter of last year, slowing from 0.7 percent expansion in the prior reading, according to the median of 27 forecasts in the poll.
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