Brazil’s GDP Grows by 0.2 Percent in Q2

An increase in household consumption, along with lower unemployment numbers, shows a slight recovery of the country's economy.

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – Brazil’s Gross Domestic Product (GDP), closed the second quarter of 2017 up by 0.2 percent compared to the previous quarter, according to the IBGE (Brazilian Statistics Bureau). The latest GDP results, along with other positive economic results, such as the latest report showing declining unemployment, shows a slight recovery of the Brazilian economy.

The GDP growth, according to IBGE economists, was influenced by household consumption, which . . .

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