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Rio de Janeiro’s economy may return to pre-pandemic levels in September – report

RIO DE JANEIRO, BRAZIL - The Rio de Janeiro Economic Report released on Tuesday, July 19, by Mayor Eduardo Paes and the Secretary of Economic Development, Innovation and Simplification (SMDEIS) Chicão Bulhões, is optimistic.

The document assesses that the acceleration of the vaccination campaign against Covid-19 should lead to a real increase in the municipal Gross Domestic Product (GDP) this year of around 5%, after an estimated drop of 5.6% last year.

Another positive aspect pointed out by the document was growth in the labor market in recent months. From January through May this year, 16,000 . . .

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