Brazil’s Accumulated GDP For 2015 Worst in 19 Years

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – The GDP growth in Brazil registered a decline of 3.2 percent during the first nine months of the year, in comparison to the same period last year, according to the IBGE (Brazilian Statistics Bureau). The growth decline is the steepest in nineteen years, adding bad news on top of ongoing negative economic reports for Brazil.

According to the IBGE data, the biggest decline was seen in investment of capital . . .

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