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Wednesday, December 12, 2007

Brazil's economy expanded 5.7 percent Q3 2007

Brazil's economy expanded 5.7 percent in the third quarter, the fastest year-on-year expansion since June 2004. Gross domestic product rose more than the revised 5.6 percent increase in the second quarter. Latin America's biggest economy expanded 1.7 percent from the previous quarter, faster than the revised 1.3 percent pace in the second quarter, according to the Rio de Janeiro-based statistics agency.

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