Brazil Daily

How optimistic should we be about Brazil’s GDP numbers?

Good morning! We’re covering today Brazil’s GDP numbers (and what is behind their increase). Medical cannabis legalized in Brazil, with restrictions. And a new white whale on Operation Car Wash’s radar. (This newsletter is for platinum subscribers only. Become one now!)


GDP numbers: glass half-full or half-empty?

As we anticipated in yesterday’s Daily Briefing, Brazil’s official Q3 GDP numbers showed slow but continuous growth. The economy expanded 0.6 percent over the last quarter—meaning that if growth were to be 0 between October and December, Brazil’s GPD would have grown by 1 percent in 2019.

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