By Vandré Kramer
High interest rates. Tighter credit, with companies like Americanas in crisis and increased defaults. Government noise, pressuring inflation expectations and interest rates. End of post-Covid economic momentum.
The combination of these factors contributes to an increasingly evident slowdown in economic activity. One of the signals was the 0.2% shrinkage of GDP in the fourth quarter.
The picture, however, is not homogeneous.
The countryside's expectations are favorable, given the scenario of a super crop of grain. In services, the growth rate is still strong, but the pace of expansion has been losing strength.
In trade . . .
To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed? Login Here