Brazil Growth Slowed Amid Political Upheaval - News Summed Up

Brazil Growth Slowed Amid Political Upheaval


RIO DE JANEIRO—Brazil’s economy slowed in the third quarter amid heightened political turmoil, though increases in private consumption and investment suggested that a recovery from the country’s longest recession on record is strengthening. Gross domestic product expanded 0.1% in the July-September period from the previous three months in seasonally adjusted terms, the Brazilian Institute of Geography and Statistics, or IBGE, said Friday. That was a far cry from the 1.3% and 0.7% growth registered in the first and second quarters,...


Source: Wall Street Journal December 01, 2017 15:56 UTC



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