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Brazil’s economy in ‘jobless recovery’ after inflation surge

RIO DE JANEIRO, BRAZIL - (REUTERS) Brazil's economy will continue experiencing a so-called "jobless recovery" after this year's inflation surge, while prospects for growth in Mexico look brighter despite concerns about a potentially stricter monetary policy in the United States, a Reuters poll showed.

On the surface, Brazil's macro outlook is improving as consumers shrug off the Covid-19 pandemic, companies enjoy a revival of M&A deals and the agricultural sector thrives on strong global demand.

Recent upgrades in gross domestic product (GDP) forecasts are at odds with a series of problems, though. Soaring inflation . . .

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