GDP growth was driven by a 6.2% rise in the logistics sector. Foreign trade also had an impact.
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The Brazilian Central Bank’s Economic Activity index increased in quarter three from quarter two.
Fund stressed the huge number of Syrian refugees hosted in the country. However, GDP undergoes a period of weak growth.
The Arab country’s economy grew 0.84% in the second quarter of this year, despite weaker oil industry performance.
Activity slowed down compared with July, the Brazilian Central Bank reported this Friday.
This Tuesday’s Macro Fiscal bulletin shows a revised economic expansion estimate, from 0.81% to 0.85%.
The chief economist with XP Investimentos is the daughter to a Palestinian father and a Brazilian-born mother of Portuguese descent. She told ANBA about her family, her ties with Palestine, her work, and the scenario in Brazil.
The Center for Advanced Studies on Applied Economics (Cepea-USP) reported that despite a hike in foreign sales volume, lower prices led to a 2.7% drop in revenues.
The Brazilian economy lost steam in Q2 from Q1, the Central Bank reported.
