{"product_id":"analysis-by-region-emerging-markets-brazil","title":"Analysis by Region - Emerging Markets - Brazil","description":"\u003cp\u003eAnalysis by Region - Emerging Markets - Brazil\u003c\/p\u003e\n\n\u003cp\u003eAugust's monthly GDP release undershot our below consensus forecast, confirming a services-led slowdown in growth momentum. Our GDP forecast for 2023 is 3% and for 2024 is 0.2%, but risks are tilted to the downside. In Q4, we expect a trend of consecutive monthly contractions, led by a protracted period of tight monetary policy. This will result in a much weaker-than-expected carryover into next year, which will ultimately force consensus to converge to our near-null 2024 growth forecast.\u003c\/p\u003e","brand":"Service Industries","offers":[{"title":"October, 2023 \/ 10 Pages \/ MCW16278766","offer_id":47710768759090,"sku":null,"price":222.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/analysis-by-region-emerging-markets-brazil","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}