Brazil Economic Outlook: Weighed Down
Emerson de Pieri, Managing Director, Latin America, Barings Investments
Published: 25 July 2018 08:48
Economic data has taken a turn for the worse in Brazil following a nationwide truckers’ strike in May and early June that crippled economic activity. Industrial production recorded the largest contraction in almost 10 years in May, and the manufacturing PMI plunged into contractionary territory in June.