Brazil’s GDP up 0.6% in third quarter

Brazil’s gross domestic product (GDP) grew 0.6 percent in the third quarter this year from the previous quarter. In current terms, the GDP stood at $435.86 billion in the period.

The result was released in Rio de Janeiro today (Dec. 3) by Brazil’s government statistics agency IBGE. Compared to the third quarter of 2018, the amount was up 1.2 percent.

Agriculture and livestock saw the most sharpest surge—1.3 percent—followed by industry, up 0.8 percent. For services, the increase was 0.4 percent, all figures compared to the quarter before.

Revision

IBGE also published its revision of the GDP of 2018. In the annual revision, routinely carried out in the third quarter, the 2018’s GDP went up from 0.2 percentage points, going from 1.1 percent to 1,3 percent.

Maiores informações: http://agenciabrasil.ebc.com.br

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