BRASIL: Sept. Budget Deficit Increases ...To 9-Month High.

BLOOMBERG/
Brasil’s September budget deficit grew more than expected to a nine-month high as the government carried out its stimulus plan amid falling revenue.
The deficit widened to 22.4 billion ($13 billion) from 8.16 billion reais in August. “Even though the government says the budget numbers will improve in the coming months, so far all we’ve seen is a steady deterioration,” said Zeina Latif, chief economist at ING Bank. “It’s another bad result.”