Schwartsman: The truth is that the Brazilian economy has been walking sideways for a few months

Economic activity fell by 0.99% in January 2022 compared to the previous month, according to the IBC-Br (Economic Activity Index of the Central Bank) released this Thursday (17) by the monetary authority.

The CNN Economics Specialist, Alexandre Schwartsman, said that the preview released today is within the pattern of market volatility, and stressed that the trend is that the next results indicate greater loss of breath.

“The previa current it is inside pattern in volatility. When we look at the iindex, he it is at 0-0 for a long time, the economy it is quite stop. In January we had the return fast of the variant Ômicronany impact in retail, service performance.”

“The big truth It’s that economy Brazilian it is walking sideways for a few months now. And how the people have observed the elevation interest rates, we will run out of breath in the next months, principally from the second or third trimester.”

See more in the video above

Source: CNN Brasil

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