Brazil, Latin America’s largest economy, maintained its economic growth of 0.4 % during April, leveraged by the services sector.

However, the growth rate slowed to 0.2 % according to Central Bank reports and IMF projections.

The BCB report details that “economic activity registered an expansion of 2.5 % in April compared to the same month last year, 3.5 % for the first four months of 2025, and 4.0 % for the last twelve months through April.”

Projections for the rest of the year are for a slowdown, despite the strength that the services sector has contributed to the South American country’s economy.

M.Pino

Source: infobae

(Reference image source: engin akyurt on Unsplash)

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