Rio de Janeiro \u2013 The Brazilian economy grew 1.9% in the second quarter this year compared with the previous quarter. The highest expansion was recorded in the industry sector, which had a 2.1% increase in output. The services sector, in turn, grew 1.2%. Agriculture saw a reduction of 0.1%. <\/p>\n
In comparison with the second quarter of 2008, the GDP decreased by 1.2%. In the four-quarter period ending in June, the GDP grew 1.3% over the previous four-quarter period. In the first half of 2009, the sum of all wealth produced in the country saw a reduction of 1.5% in comparison with the same period last year.<\/p>\n
Using the same basis for comparison, family consumption grew 3.2%, in the 23rd consecutive period of growth. One of the factors that contributed to the result was the behaviour of the actual wage bill, which grew 3.3% in the second quarter of 2009. Besides, credit granted to natural persons grew 20.3%.<\/p>\n
Expenditure on consumption by the public administration had a 2.2% variation compared with the first quarter of 2008, and investment (gross formation of fixed capital) decreased by 17%. This was the highest rate of reduction using this basis for comparison since 1996, when the Brazilian Institute for Geography and Statistics (IBGE) started keeping track of quarterly figures. <\/p>\n
The data concerning the Gross Domestic Product (GDP), i.e. the sum of all goods and services produced in the country, are being disclosed today (11th) by the IBGE.<\/p>\n
*Translated by Gabriel Pomerancblum<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"
Industrial output in the country increased 2.1%, and services grew 1.2%. The figures were disclosed today (11th) by the Brazilian Institute for Geography and Statistics.<\/p>\n","protected":false},"author":2315,"featured_media":0,"comment_status":"closed","ping_status":"open","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":[],"class_list":{"0":"post-32136","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"Industrial output in the country increased 2.1%, and services grew 1.2%. The figures were disclosed today (11th) by the Brazilian Institute for Geography and Statistics.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/32136","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=32136"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/32136\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=32136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=32136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=32136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}