Brazil goes in the opposite direction than other countries, we have lower inflation and a higher GDP -Bolsonaro

Brazil is showing the first signs that inflation is leveling off, while in other countries, it is only just beginning. At the same time, the country has created a record number of jobs, seen a positive investment development, and achieved the best primary surplus in its history last month.

Brazilian President Jair Bolsonaro said Thursday 28 that Brazil is "going against the grain" of the world and should record a high gross domestic product (GDP) this year.

The conservative leader commented on the International Monetary Fund (IMF) forecast released Tuesday (26), which raised the country's estimated economic growth to 1.7% in 2023, higher than the 0.8% rate calculated in April.

Brazil is showing the first signs that inflation isSubscribe to our Premium Membership Plan. Already Subscribed?