Macroeconomy/Finance

Brazilian economic data glitch stirs concerns among analysts

Brazil’s economy ministry has revised its export figures for the second time in less than a week, casting doubt on key data releases and leaving analysts wondering whether they should still trust the reliability of Brazilian statistics. Doubts surfaced last week when the country’s currency was hit by central bank figures showing a sharp deterioration in Brazil’s current account balance in the period January to October, driven by a slide in exports.

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Source: FT

Categories: Macroeconomy/Finance