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Brazil Sees 0.3% Economic Growth in August | Markets & Money News
Brazil's economy recorded a 0.3% increase in August, consistent with forecasts. The rise was driven by a 0.9% growth in the industrial sector, signaling positive momentum in manufacturing. Year-on-year, the economy shows a 1.2% increase, with a 1.6% rise over the past twelve months. The central bank aims to control growth to maintain a 3% inflation target, projecting GDP growth of 1.8% this year and 1.4% next year. Policymakers will meet in November to discuss monetary policy following five
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