Brasília – Investments dropped in July. The Gross Fixed Capital Formation (GFCF) IPEA index of July, shown this Thursday (06) by the Institute for Applied Economic Research (IPEA), dropped 1% in comparison to June. Over July 2017, the index went up 4%.
Despite the decline over the previous month, the indicator for the construction sector, one of the items of the GFCF, went up 1.7% in the same period. Over July 2017, the construction sector index rose 2.3%.
Translated by Sérgio Kakitani
PUBLICIDADE