1945

In 2007, the Brazilian economy continued its growth, with GDP rising by 5.4% annually and by 5.8% in the 12 months up to 2008. However, the country may face some obstacles in 2008, given that changes in the external situation may affect the balance of payments, as well as the considerable increase in internal demand and higher international commodity prices pushing up inflation and altering the economic policy implemented by the authorities. Within this new scenario, in 2008 GDP is expected to grow by 4.7% and cumulative inflation should be above 5% (4.5% in 2007).

Related Subject(s): Economic and Social Development
Countries: Brazil
/content/books/9789210544580s008-c004
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