{"id":214916,"date":"2019-05-30T10:03:12","date_gmt":"2019-05-30T13:03:12","guid":{"rendered":"https:\/\/anba.com.br\/?p=214916"},"modified":"2019-06-30T12:35:41","modified_gmt":"2019-06-30T15:35:41","slug":"brazils-gdp-down-0-2-in-q1","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/brazils-gdp-down-0-2-in-q1\/","title":{"rendered":"Brazil\u2019s GDP down 0.2% in Q1"},"content":{"rendered":"

Rio de Janeiro \u2013 Brazil\u2019s Gross Domestic Product (GDP) shrank by 0.2% in Q1 2019 from Q4 2018. The decline occurred after hikes of 0.5% in Q3 and 0.1% in Q4 2018.<\/p>\n

As per numbers released this Thursday (30) by the Brazilian Institute of Geography and Statistics (IBGE), Brazilian economy grew by 0.5% year-on-year and 0.9% in the four quarters through Q1.<\/p>\n

Numbers show that the 0.2% drop in Q1 2019 from Q4 2018 was driven by a 0.7% decline in industry. The main declining activities were mining and quarrying (-6.3%), construction (-2%), and processing industries (-0.5%).<\/p>\n

Agriculture and livestock have also declined (-0.5%). Services picked up 0.2% in Q1, avoiding a higher economic downturn.<\/p>\n

On the demand side, the decline was driven by the gross fixed capital formation, namely investments, which dropped by 1.7% in Q1 2019 from Q4 2018. Exports have also declined (-19%).<\/p>\n

At the same time, government and family consumption grew by -0.4% and 0.3%, respectively. Imports grew by 0.5%.<\/p>\n

Translated by Guilherme Miranda<\/strong><\/p>\n

Archive\/Ag\u00eancia Brasil<\/div>\n","protected":false},"excerpt":{"rendered":"

After hikes in Q3 and Q4 2018, Brazil\u2019s economy shrank according to IBGE. These numbers are official.<\/p>\n","protected":false},"author":2315,"featured_media":214913,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[7831,3801,8841,12923,8840],"class_list":{"0":"post-214916","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-brazils-gdp","9":"tag-brazilian-economy","10":"tag-brazilian-recession","11":"tag-economia-brasileira-ar","12":"tag-official-brazils-gdp"},"wps_subtitle":"After hikes in Q3 and Q4 2018, Brazil\u2019s economy shrank according to IBGE. These numbers are official.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/214916","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2315"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=214916"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/214916\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/214913"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=214916"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=214916"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=214916"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}