News

GDP went up 0.1% in Q3

01 de dezembro de 2017

Rio de Janeiro – The Gross Domestic Product (GDP), the sum of all goods and services produced in the country, ended 2017 Q3 with an increase of 0.1% in comparison to Q2, in the seasonally-adjusted series. It was the third consecutive growth. In comparison to last year’s Q3, the expansion reached 1.4%.

With this result, the GDP reached BRL 1.641 trillion in current value. The data is part of the Quarterly National Accounts and was made public this Friday (1) by the Brazilian Institute of Geography and Statistics (IBGE).

The GDP of the last four quarters remains negative, with a decline of 0.2% over the previous four quarters. The GDP ended the year’s first nine months with an increase of 0.6% over the same period of 2016.

*Translated by Sérgio Kakitani