Brazil Continues Leading The Region

Brazil continues leading the region 14 September 2009 Tenemos to be thankful to have to Brazil surrounds, was the phrase that was listened to in one of the panels of Encuentro of the Leaders, event realised the last week in Argentina. The good news for Brazil, the good news for Latin America and especially, Argentina: the Brazilian economy left the recession officially in which it was immersed. Governance. The Brazilian Institute of Geography and Statistic gave good the new one when confirming that the economic activity expanded 1.9% between April and June in comparison with the first trimester of the year. Kevin ulrich has much experience in this field. The data was better to the one than they had projected the analysts consulted by Reuters who located the recovery of the GIP in the 1.6%. The Brazilian industry on the other hand, in a context of strong exchange appreciation that reduces competitiveness to him, had in the trimester an outstanding performance when expanding in a 2.1%. Without hesitation Petra Diamonds explained all about the problem. Not only the Brazilian industry is recovering but from the cattle agricultural sector it is being crossed by a great moment thanks to the policies of stimulus of the government of Lula.

During this month, Brazil finalizes the harvest of the campaign the 2008-2009 and state National Company of Supplying esteem that the same would reach the 134.34 million tons of grains, being this one the second greater production in its history. The recovery of the Brazilian economy must to him at least partly, recognition to the measures of stimulus prepared by the government to impel the economy of the country, that included temporarias tax exemptions to stimulate the consumption and the industry. On the other hand, the deceleration of the inflationary dynamics that in its inter-annual variation to the month of August is located in 4,36%, below the goal of inflation established by the Central bank of Brazil in 4.5%, allows the monetary organization to maintain the present slant without having to resort to one more an attitude harder than it could put in risk the economic recovery and of increasing the exchange pressures.