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Payment Practices Barometer for the Americas (NAFTA and Brazil) shows that 93% of respondents reported late payment from B2B customers over the past year.
In line with the survey average, 91.4% of respondents in Brazil (95.0% in 2015) reported late payment of invoices from B2B customers over the last 12 months.
While the economy is expected to slow down after a robust 4.6% in 2015, the forecast GDP growth rates of 2.5% in 2016 and 2.7% in 2017 are still solid.