RIO DE JANEIRO, BRAZIL - São Paulo State Treasury and Planning Secretary Henrique Meirelles estimates that the state's economy should rebound at a faster rate than the country as a whole. The São Paulo government estimates a preliminary 5% growth in the state for 2021, while projections point to a 3.5% growth for Brazil.
Last year, Brazil slumped close to 10% in the second quarter, while São Paulo fell 7%, recalled Meirelles this Tuesday. The rebound was also faster in November, according to data from SEADE (Statewise System for Data Analysis Foundation), he said.
The stronger . . .