Brazilian economy continues to slow down, but is still growing

GDP READING

The economy continues to slow down, but is still growing

Growth in imports has slowed significantly, which experts say is due to Brazil’s high interest rates. Photo: Donatas Dabravolskas/Shutterstock

Brazil’s economy expanded at an annual rate of 2.2% in Q2 2025, in line with analysts polled by Bloomberg and Reuters, amid cooling momentum after a stronger start to the year. The slowdown was primarily driven by…

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