The economy of Latin America's largest nation will grow at least 5.5% in 2011, outstripping more conservative market estimates, Brazilian Finance Minister Guido Mantega said Monday.
Sales in the critical supermarket industry surged 3.47% in July against the same month a year ago on low food prices and continued job creation, the Brazilian Supermarket Association (Abras) said Thursday.
Brazil’s unemployment rate declined in July to 6.9% from 7.0% in June, reaching its second lowest level since the current methodology was introduced in 2001, the Brazilian Census Bureau (IBGE) said this week.
