While growth has been gradual and not particularly strong, analysts are cautiously optimistic.
Industrial output and investment have continued to decline, but economists cite growth in agriculture, services, and consumer consumption.
Stimulus measures that are mentioned in the story include reducing payroll taxes, cutting taxes on cars and appliances, implementing policies that have weakened the real, and a reduction in interest rates.
Meanwhile, the consumer loan default rate is increasing, an indication that consumer spending alone can not sustain long-term economic growth.
Source: "Brazil Portal"
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