Brazil’s Gross Domestic Product increased from April to June compared to the first three months of the year, mainly driven by the services sector. In the first half, the country grew by 2.5%.
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The Gross Domestic Product of non-oil activities grew 5.7% in the first quarter of 2021. In the same period, total GDP fell.
Brazilian financial institutions expect prices to have gone up 3.33% by the end of this year in Brazil, up from last week’s 3.31% forecast.
Banks reduced their inflation forecast for the tenth straight time.
The expansion was registered in comparison to January from March of this year. Over Q2 2017, there was a 1% expansion.
