Brazil Weekly

Productivity bombs in coronavirus crisis

It’s not Groundhog Day — it’s another crisis in the federal government. The drop in productivity caused by the pandemic. How inflation has a larger effect on the poor.

Pandemic slashes Brazilian productivity

The productivity level of the Brazilian economy dropped 1.7 percent in Q1 2020 when compared to the same period last year. This is the sharpest drop since a 2.5-percent fall in Q4 2015 — when Brazil was in the middle of what was then its worst recession on record. The situation is only expected to get worse, however. As social isolation measures were only implemented late in...

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