RIO DE JANEIRO, BRAZIL - Brazil is leading the economic recovery in Latin America. In the week ending August 13, the country was the only one in the region that did not register a decline in mobility and maintained the ongoing recovery in economic activity.
According to the Oxford Economics Consulting Tracker, the indicator in Brazil rose 0.9 percentage points above pre-pandemic levels, which can be attributed to the resumption of classes in many schools.
To develop the indicator, Oxford Economics compiles mobility data from the Google Mobility Report, rates of new illnesses and deaths from Covid-19 collected . . .
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