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By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – The weekly survey, Focus Report, conducted by Brazil’s Central Bank with one hundred financial institutions, shows that economists are not very optimistic with Brazilian economic indicators. According to these institutions, Brazil’s GDP for 2016 should register a retraction of over three percent and 2017 GDP growth should increase less than one percent.

The Focus Report forecast calls for a retraction of the GDP growth this year by . . .

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