Published on Monday, November 21, 2011
Current account deficit drops as global tensions rise
Summary
Recent financial turbulences drove prices of Brazilian exports down and made the real weaker. As a consequence of the former, the trade surplus has been declining. As a result of the former, both income and service deficits have been trending down.
Geographies
- Geography Tags
- Brazil
Topics
- Topic Tags
- Macroeconomic Analysis