the economic growth forecast was 0.8%, but we grew 3.2%. This year the expectation was 2.5%, but we will reach 3.8%,” said Lula, after participating in the XIV Brazil-Portugal Summit.

(Bloomberg) -- Brazil’s economic activity shot past expectations ... While hefty borrowing costs are starting to dampen growth, their effects have been uneven, with key sectors like industry ...

This growth stems primarily from the formal job market's expansion over recent years. Economic projections remain cautiously positive for Brazil. GDP should grow approximately 2.3% over the medium ...