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By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – The Gross Domestic Product in Brazil fell by 0.3 percent in January compared to the same period last year, according to the Monitor report by the Getulio Vargas Foundation (FGV). Despite the decrease, January’s result was the least negative result of the last 22 months, according to the entity, which sees a less negative scenario on the horizon.

Indicators released in recent weeks have reinforced the perception that the Subscribe to our Premium Membership Plan. Already Subscribed?