Brazil Daily

👎 GDP downer

Good morning! Today, Brazil’s latest GDP report. The plan to privatize 15 airports. A landmark Supreme Court trial. And climate-related deaths.

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🚨 Brazil’s GDP report

gdp airports The Brazilian economy didn't meet Q1 growth expectations. Photo: Renata Colella/Shutterstock
The Brazilian economy didn’t meet Q1 growth expectations. Photo: Renata Colella/Shutterstock

The Brazilian economy grew 1 percent in Q1 2022, according to the latest GDP report published minutes ago. The results are massively below expectations, as the markets’ average forecast sat at 1.5 percent.

Why it matters: Analysts believe the economy will decelerate from now on, due...

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