(MENAFN) The Brazilian government said that the economy, the world's seventh largest, has shrank in the first quarter, the Peninsula Qatar reported.
The world's seventh largest contracted by 0.2 percent in the January-March period compared to the final three months of 2014, according to the government.
The figure confirmed a five-year-old slowdown in the South American giant's GDP but was smaller than the 0.5 percent drop that most analysts had forecast.
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