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Brazilian GDP grew by 0.8% in the third quarter

03.12.2018 13:00:39

In Brazil, in the third quarter, the highest GDP growth rates were recorded since the first quarter of last year. GDP increased by 0.8% compared with the second quarter, which matches economists' forecasts. In the previous quarter, the rise was at 0.2%. Official data also showed that relative to the same period last year, an increase of 1.3%. Experts had expected the economy to grow by 1.6% in a year. In the third quarter, the maximum increase in investments in the Brazilian economy was also noted, they grew by 6.6% in quarterly terms. Growth in consumer spending was 0.6%, government spending - 0.3%. The results of the third quarter showed an increase in exports by 6.7%, imports - by 10.2%.

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