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Non-Tech : The Brazil Board

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To: Spekulatius who wrote (974)6/10/2012 8:35:00 AM
From: elmatador  Read Replies (1) of 2504
 
Government slammed on the brakes on investment. Stateowned enterprises answer for 2/3 of the investments of Brazil.

Latest data show enterprises invested in the first 4 months of 2012 BRL26,4 billion on infrastructure and expansion of productive capacity or 1.9% of the GNP.

Compare with same period of 2010 when it reached 2.2% of GNP.

SOURCE: Folha de São Paulo

In face of uncertainties in the international arena, infrastructure construction and the purchase of machinery and equipment dropped the most since the collapse at the end of 2008, when the crisis reached its peak

Only 18.7% of national income was used for investment, below 2011's 19.5%. Brazil's economic policy has a 25% goal for the growth of domestic consumption to be met without raising inflation and imports.
...
The consumption is not enough for a new major growth of commerce and services, which are responsible for almost 70% of the G.D.P. and are the most resistant to crises.
online.wsj.com
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