23 Jun 2012 by Jim Fickett.
It has been widely noted that growth in Brazil has greatly slowed. Here is year-over-year GDP growth, courtesy of the monthly Economic chart pack from the central bank:
The deceleration is probably partly due to China decelerating, since Brazil is a major commodity exporter. Note exports, which had been growing strongly, leveled off in May:
The deceleration is also partly due to debt saturation in the household sector.
Note that growth in household consumption looks rather similar to GDP growth: