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THE BRAZILIAN DECADE - Roland Berger

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Other key indicators are also pointing toward recovery<br />

Brent oil price<br />

(U$/barrel 1) )<br />

Global exports<br />

(U$ bn)<br />

140 4,321<br />

115<br />

42<br />

+88%<br />

79<br />

+31% 31%<br />

2,685<br />

3,517<br />

Ifo global business climate<br />

(index)<br />

+96%<br />

08/08 02/09 03/10 Q2 2008 Q1 2009<br />

Q4 2009 Q3 2007 Q1 2009 Q1 2010<br />

1) At start of month<br />

Source: Bloomberg, Ifo Institute<br />

51<br />

100<br />

7

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