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Economy Ministry Expected To Revise Growth Estimate Next Week

BRAZIL
  • Brazil's Economy Ministry is expected to revise its economic growth estimate for 2021 next week, Economic Policy secretary Adolfo Sachsida told the newspaper Valor Economico.
    • The quality of the economic growth is more important than the scope, Sachsida said, noting Brazil's GDP expansion has been mostly driven by private investment, the newspaper added.
  • Petrobras' fuel price hike surprised Brazilian truckers, strengthening calls for a July 25 strike, Plinio Nestor Dias, president of the National Council for Road Cargo Transport, said in a phone interview. (BBG)

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