(Adds background on inflation, GDP, credit, quote) BRASILIA, March 24 (Reuters) - Brazil is not considering shortening the length of consumer and car loans in an effort to cool domestic demand, Finance Minister Guido Mantega said on Monday. Brazil's economy grew at 5.4 percent in 2007, its fastest in three years, and economists have attributed some of this performance to increased consumer credit. "We are not thinking of establishing limits to the length of financing," Mantega told ...
Premium Content (PAID Subscription Required)
"UPDATE 1-Brazil's FinMin sees no alarming inflation threat" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.