Last recession in Brazil started in the third quarter of 2008 (peak) and ended in the first quarter of 2009 (trough).
This was the shortest and deepest recession in Brazil since 1980.
Brazil is currently experiencing a period of economic boom.
Real Time Probability of Recession for Brazil
in December 2011: 3.4%
(As of the beginning of 02/2012 data available up to 12/2011)
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