Brazilian economy stays vibrant

Brazil has overtaken Britain as the world's sixth largest economy. But the long-term growth forecast remains bleak.

Brazil's economy grew by 0.3% in the fourth quarter of 2011 and expanded by a total of 2.7% last year. That was far lower than 2010's 7.2%, but still enough to eclipse Britain to become the world's sixth-biggest economy. Brazil's output reached $2.47trn last year, compared to $2.42trn in Britain.

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