BRICS Economic Tracker—Insights and Trends Quarter 2, 2017

South Africa’s Economy Tumbles While Other BRICS Nation Rebound

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Improvement in the global economic outlook helped to strengthen growth across BRICS nations. Brazil and Russia have registered positive economic growth in Q2 2017, rebounding from negative growth in Q1 2017. Brazil’s manufacturing sector recovered slowly in Q2 2017, registering a growth of 0.6% which is higher than the growth of 0.28% registered in Q1 2017. Although China registered the highest manufacturing sector growth of 6.87% in Q2 2017 among BRICS nations, this is still lower than the 7.60% growth registered in Q1 2017. Mining sector across BRICS has witnessed a slowdown in Q2 2017 with only Brazil and South Africa registering positive growth of 6.32% and 1.34%, respectively.China’s parliamentary sess

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BRICS Economic Tracker—Insights and Trends Quarter 2, 2017BRICS Economic Tracker—Insights and Trends Quarter 2, 2017 BRICS Economic Tracker—Insights and Trends Quarter 2, 2017




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