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18/07/2017 - 13:17hs
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GDP up 0.49% over three-month period

A survey conducted by FGV shows that Brazil’s economy grew in the three months through May from the three months ended February. Year-on-year, GDP was unchanged.



Rio de Janeiro – Brazil’s Gross Domestic Product (GDP), the sum of all goods and services produced in the country, was up 0.49% in the three months through May from the three months through February. Year-on-year, however, GDP showed no fluctuation. These numbers are from a non-government survey.

The information was made public this Tuesday (18) in Rio de Janeiro on Monitor do PIB (GDP Monitor), a publication from think tank Fundação Getulio Vargas (FGV). In May alone, GDP slid by 0.9% from April and climbed by 0.7% compared with May 2016.

*Translated by Gabriel Pomerancblum

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