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02.09.2013 11:41:08

Brazil brightens while India struggles - QuickView by Global Economist Craig Botham

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Brazil brightens while India struggles

September 2013

 
  • Brazil's GDP growth for the second quarter rose to 3.3% year-on-year, against growth of 1.9% year-on-year last quarter
  • In contrast, Indian second quarter GDP was weaker than expected, growing by 4.4% year-on-year, down from 4.8% in the first quarter
  • We still expect a slowdown in Brazilian growth in the second half of 2013 given the central bank's tightening cycle and weak recent activity data
  • For India, the second half of the year seems unlikely to offer much relief now that oil prices are climbing again as tensions mount in Syria

Full Article

  Brazil brightens while India struggles.

     By Global Economist Craig Botham

 

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