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Brazil : Office Snapshot - Q1 2014

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At the same time that economic indicators worsened in the first quarter of the year, due to the fast increase of inflation rates (6.5%) and to the poor GDP results (1.6%), according to Central Bank information, the increase in consumption and the advancement of business have become stagnant, and must wait for more evident and sustainable recovery signals.

Even though the possibility of stimulation of the national economy is related to the expectations of a slight increase, due to the World Cup activities and the involvement of some sectors in this first semester, this fact is not enough to make better the economy in general because those indicators must present substantial and well based improvement in order to change the scenario over the year to a more attractive country to investors, as well as resume the country’s development and growth.

Source : Cushman & Wakefield