BRICS Economic Tracker—Insights and Trends Quarter 4, 2017

Slow Economic Growth Sustained by Growing Exports Demand

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Brazil, Russia, India, China and South Africa (BRICS) are expected to witness positive growth in Q4 2017. Public spending is anticipated to pick up in 2017. For 2017, Brazil and Russia are expected to register positive growth rates of 0.17% and 0.43% respectively, thereby recovering from the decline in 2016. Rebounding export has been the key driver for the recovery of Brazil and Russia. China and South Africa, however, will continue to slowdown in economic growth in 2017 as against 2016, with China’s and South Africa’s growth slowing down to 6.58% and 0.08%, respectively. Political turmoil and slack in country’s export demand have hindered South Africa’s growth potential. India is currently reeling und

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BRICS Economic Tracker—Insights and Trends Quarter 4, 2017BRICS Economic Tracker—Insights and Trends Quarter 4, 2017BRICS Economic Tracker—Insights and Trends Quarter 4, 2017




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