#Latest news with #familyconsumptionBloomberg3 days agoBusinessBloombergBrazil's Economy Surges Again as High Rates Fail to Dent GrowthBrazil's economic growth boomed at the start of 2025, powered by bountiful harvests and family consumption that's complicating policymakers' inflation fight. Gross domestic product expanded 1.4% in the January-March period compared to the fourth quarter, just below the 1.5% median estimate of analysts surveyed by Bloomberg. The economy grew 2.9% from a year earlier, according to official data released Friday.
Bloomberg3 days agoBusinessBloombergBrazil's Economy Surges Again as High Rates Fail to Dent GrowthBrazil's economic growth boomed at the start of 2025, powered by bountiful harvests and family consumption that's complicating policymakers' inflation fight. Gross domestic product expanded 1.4% in the January-March period compared to the fourth quarter, just below the 1.5% median estimate of analysts surveyed by Bloomberg. The economy grew 2.9% from a year earlier, according to official data released Friday.