The Brazilian Central Bank’s Economic Activity Index (IBC-Br) shows GDP climbing in quarter three from quarter two.
Browsing: economia
The three months through July saw activity weaken in the country from the three months through April, as per the GDP Monitor survey from think tank Fundação Getulio Vargas. (FGV)
Brazil’s economy showed growth for the second straight month in July, as per the Central Bank index that tracks GDP behavior.
A major hydrocarbon producer, the Arab country is struggling to spur its economy into growth. A four-year-long oil price slump has made an impact on the Algerian budget.
A report from the international organization on the country stresses the need for reforms to enable medium-term growth. The IMF, however, sees Brazil resilient against external shocks.
Speaking in a seminar in Rio de Janeiro, Ilan Goldfajn said that the normalization of interest rates in developed economies has been causing volatility in the international market.
The growth seen in 2018’s first three months is the highest since 2014’s Q2.
