Economics

Top GDP Forecaster Sees Brazil Narrowly Dodging Recession

  • UBS Brasil Chief Economist estimates growth of 0.2% in Q2
  • Statistics institute to publish official GDP data on Aug. 29
Tony Volpon
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Brazil will avoid a second-quarter contraction that would mean slipping into recession, according to one of the country’s most reliable analysts, an estimate that runs counter to a key central bank indicator.