Economy

Brazil GDP up 0.2% in second quarter

The GDP reached $520.80 billion in the period

Nielmar de Oliveira reports from Agência Brasil

Published on 01/09/2017 - 14:34

Rio de Janeiro

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Brazil's gross domestic product (GDP) closed out the second quarter this year at $520.80 billion—up 0.2% from the previous quarter. Compared to the second quarter in 2016, the increase reached 0.3%.

The figures can be found in a survey released in Rio de Janeiro today (Sep 1) by the Brazilian Institute of Geography and Statistics (IBGE). The result shows the country's GDP accumulated from the last four quarters having faced a 1.4% decline from the four quarters prior.

Translated by Fabrício Ferreira

Fonte: Brazil GDP up 0.2% in second quarter