Gross domestic product grew by 2.7pc last year, down from 7.5pc growth in 2010, dragged back by higher business costs and lower industrial output. Economists had forecast a 2.8pc rise in gross domestic product. On a quarter-on-quarter basis, Brazil's GDP grew by 0.3pc in the final three months of 2011, against expectations of a 0.2pc rise.
Despite lower annual growth, economists at the Centre for Economics and Business Research (CEBR) said Brazil still managed to take Britain's spot as the world's sixth-largest economy last year, behind the US, China, Japan, Germany and France.
Katie Pavlich - WATCH: Sheriff David Clarke Takes on Cop Killer Advocate on CNN
Daniel J. Mitchell - Great Moments in Socialism
The Federalist: Smoking guns in latest Hillary e-mail release? Update: Another? - Hot Air
Showdown in Jackson Hole: The Fed Challenged on its Own Turf in Wyoming by Group Likely to Finally Start Dismantling It | Human Events
Naming Names: A More Precise Look at Why The Republican Party is Dying | RedState
Katie Pavlich calls out St. Louis police chief for blaming gun shows for spread of illegal firearms
Illinois Police Officer Gunned Down After Deploying Pepper Spray - Bearing Arms - Crime, Illinois, Police