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Brazil economy picks up as shoppers spend more
Brazil economy picks up as shoppers spend more
Economy
by  AFP

Brazil's economy grew 0.8 percent in the first quarter, the government said Tuesday, a rebound boosted by consumer spending which analysts say could put the central bank on guard over inflation. William Jackson, chief emerging markets economist at Capital Economics, said the pace of growth and consumer spending "will raise (even more) concerns about inflation at the central bank."