{{Brazil’s economy grew 0.2% in the first three months of 2014, official statistics show.<\/p>\n
The Brazilian Institute of Geography and Statistics also revised down economic growth in the last three months of 2013, to 0.4%.}}<\/p>\n
The sluggish growth figures come just before the start of the World Cup and presidential elections in October.<\/p>\n
President Dilma Rousseff, who is seeking re-election, has said the football event will spur growth.<\/p>\n
But high inflation and low business investment have put a damper on the expected lift from government investment in projects leading up to the sporting event.<\/p>\n
This has spurred protests from Brazilians angry over the expense of the World Cup and the lack of trickle-down growth.<\/p>\n
Business investment fell 2.1% in the first three months of 2014, the biggest decline in two years.<\/p>\n
“I couldn’t find anything positive at all in the [data],” said Bruno Rovai at Barclays.<\/p>\n
Brazil, which is Latin America’s biggest economy and the world’s seventh largest, has suffered from stubbornly high inflation, which remains at 6%, above the central bank’s target.<\/p>\n
On Wednesday, the central bank kept its key interest rate at 11% in an effort to combat rising prices.<\/p>\n","protected":false},"excerpt":{"rendered":"
{{Brazil’s economy grew 0.2% in the first three months of 2014, official statistics show. The Brazilian Institute of Geography and Statistics also revised down economic growth in the last three months of 2013, to 0.4%.}} The sluggish growth figures come just before the start of the World Cup and presidential elections in October. President Dilma […]<\/p>\n","protected":false},"author":2,"featured_media":2000052466,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[101],"byline":[170],"hashtag":[],"class_list":["post-14729","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-internationl","byline-igihe"],"bylines":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"contributors":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"featured_image":{"id":2000052466,"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton14729.jpg","alt":"","caption":"","mime_type":"image\/jpeg","width":0,"height":0,"sizes":{"thumbnail":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton14729.jpg","width":1,"height":1},"medium":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton14729.jpg","width":1,"height":1},"medium_large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton14729.jpg","width":1,"height":1},"large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton14729.jpg","width":1,"height":1},"full":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton14729.jpg","width":0,"height":0}}},"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/14729","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=14729"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/14729\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media\/2000052466"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=14729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=14729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=14729"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=14729"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=14729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}