Brazilian economic growth 'continues'
The Brazilian economy is expected to grow by 5% this year, with the country boosted by improved employment figures.
Business Week, citing figures by the Brazilian Census Bureau, stated that October saw the rate of unemployment drop to 8.7%.
This was 0.3% down from the preceding month and 1.1% lower than the same period last year.
Analysts have predicted a "banner Christmas", according to the news provider, boosting economic growth even further.
Business Week also commented on the "billions of dollars" being invested in the country.
Indeed, the country's property market has seen significant growth and is tipped to expand even more in future.
Earlier this week Alpine International Real Estate Equity Fund head Samuel Lieber told Bloomberg the Brazilian real estate sector has the potential to be "the most interesting" in the world.
Property investors, particularly from the USA, and increased tourism activity have both been highlighted as key elements of this growth, he said.
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