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March 6, 2012
In the fourth quarter, Brazil’s GDP grew by just 1.4 percent on an annualized basis. Mineral extraction and finance led growth among sectors, with annualized growth rates of 7.3 and 5.9 percent, respectively. Manufacturing was nearly flat over the year, but fell at a 9.5 percent annualized rate in the most recent quarter.
For more, check out the latest Latin America Data Byte.