Comments on the Brazilian Economy - September 2008


02/09/2008

Itaú BBA

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  • In brief...
  • Debate over new oil wealth heats up...
  • ... which may lead to new rules on ‘subsult" oil exploration...
  • Economic activity remains strong, while headline inflation drops...
  • Lower commodity prices and a stronger dollar hit local markets...
  • External accounts improve and government accounts remain healthy...
  • Furthermore...