Brazil retail surprises with July surge at supermarkets
date:Sep 13, 2013
team in the first half of the year and factoryoutput swung between growth and contraction.

Economists expected Brazil's economy would stumble in thesecond half of the year after short-term stimulus triggered anunexpected surge from April to June.

We originally expected negative growth in the thirdquarter, but ... depending on August data, it could be that wehave a nearly stable third quarter, Thais Marzola Zara, chiefeconomist at Rosenberg Associados said, after seeing thestrong retail numbe
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