The Brazilian economy in the fourth quarter added 0.1% compared to the third quarter, when its growth was at the level of 0.5%, official data showed. Economists had expected a 0.2% rise in GDP. Compared with the same quarter a year earlier, GDP showed an increase of 1.1%, with a 1.3% rise expected by analysts. The most significant increase in production was observed in the construction industry - by 4.6%, and in the mining industry - by 3.9%. Brazil in the last quarter of last year increased exports by 3.6% in quarterly terms and by 12% in annual terms. Imports decreased by 6.6% compared to the third quarter and increased by 6% compared with the same quarter of 2017. Relative to the previous quarter, consumer spending increased by 0.4%, while government spending decreased by 0.3%.
Gold prices gain amid prolonged economic uncertainty01.04.2020
Dollar steadies as investors brace for global economic contraction31.03.2020
Pandemic crisis to hit economic growth in Asia, China, World Bank says26.03.2020
Singapore prepares for recession as virus-hit economy drops in first quarter