Brazilian GDP grew 1.2% in three months

National economy grew in the trimester ended in October compared to the one ended in July according to survey made by Fundação Getulio Vargas.

Agência Brasil
pauta@ebc.com.br

Rio de Janeiro – Brazilian Gross Domestic Product (GDP) grew 1.2% in the trimester ended in October this year compared to the one ended in July. Compared to the trimester ended in October 2017, the growth reached 1.3%.

These data are from the GDP Monitor published this Wednesday (19) by Fundação Getulio Vargas (FGV). Considering only October, there was a 0.3% drop comparing it with September and a 1.7% rise in relation to October last year.

The 1.2% rise from the semester ended in July to the one ended in October was driven by an 1.4% growth in industry and an 1.2% growth in services. Farming was the only one among the big sectors with a drop in the period: 0.5%.

Translated by Guilherme Miranda

 

 

Antonio Pinheiro/Gerj

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