Brazil economy poised to gain momentum, finance ministry says

viernes 28 de noviembre de 2014 10:06 GYT
 

BRASILIA Nov 28 (Reuters) - Brazil's economy is prepared to grow faster in the fourth quarter and through next year, the finance ministry said in a statement commenting on the release of third-quarter economic growth data.

While acknowledging that credit is still growing at a slower pace than needed to sustain consumption, the ministry said a recovery in investment is essential for the economy to accelerate.

Brazil's economy crawled out of a recession in the third quarter as public spending rose before the October presidential election. (Reporting by Silvio Cascione; Editing by Chizu Nomiyama)