Brasília – Investments in Brazil increased 1.4% in June over May, according to the inflation-adjusted IPEA Gross Fixed Capital Formation Indicator (FBCF). However, investments declined by 10.7% if compared to June 2016.
Despite the result, investments ended Q2 dropping 1.3% over Q1. In comparison to the same period of 2016, investments declined 7.1%. With this, year-over-year, there was a decline of 6.2%.
FBCF means investments by the companies in machinery, equipment and construction material. It’s an indicator of the country’s production capacity.
*Translated by Sérgio Kakitani
PUBLICIDADE
