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Live News EQUITY ARTICLE M impact

Brazil GDP growth slows in Q2 but tops expectations

Brazil’s GDP growth slowed in Q2 as elevated borrowing costs weighed on activity, but expansion was slightly stronger than expected, supported by a robust farm sector.

Brazil's economic growth slowed in the second quarter as elevated borrowing costs continued to weigh on activity, though the expansion was slightly stronger than expected thanks to a robust performance from the farm sector.Gross domestic product in Latin America's largest economy grew 0.5% in the A…