UPDATE 1-Brazil economic activity index slips in November - 0 views
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Judith Brasse on 10 Feb 14Despite government policies which have tried to keep the increasingly high inflation rate in check and the central bank increasing the benchmark lending rate, brazils economy has encountered a 0.31% decrease in economic activity. Despite a growth in retail sales in November and stimulus spending by the government, the economy has contracted as prices rose and decreasing business confidence lead to a decline in investment.