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Analysis: Brazilian agriculture flourishes, but stagnation hits consumption and investment

Brazil's agriculture and livestock industry has seen impressive growth in the early months of the year, but this might give a misleading impression of the overall state of Brazil's economy.

Although rural producers are reaping a bumper crop, boosting the Gross Domestic Product (GDP) figures, sectors like industry remain stagnant, with consumption and productive investment failing to meet expectations.

Due to the success of the agricultural sector, the GDP grew by 1.9% in the first quarter, surpassing predictions.

This sparked a flurry of upward revisions in economists' annual projections, with median expectations rising from 1.26% to . . .

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