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Brazilian Economic (Ministry of Finance)

Brazilian economic outlook report published by the Ministry of Finance (12/2012). “Even lower than expected, the GDP growth in the third quarter of 2012 is higher than the previous quarters, indicating a recovery path. The Government stimulus measures have shown initial results, which tend strengthen in the coming months. The growth acceleration in recent years has caused a significant expansion of per capita income in Brasil. As a result of governmental policies, minimum wage will increase 72% in real terms from 2003 to  2013.” –

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