News

Brazilian Economy Expands the Most in Over a Year
The Brazilian economy advanced 0.6 percent on quarter in the three months to September 2019, following an upwardly revised 0.5 percent expansion in the previous period and beating market expectations of 0.4 percent. It was the strongest growth rate since the first quarter of 2018, as industrial and services activities expanded further and the agricultural sector recovered.
Published on 2019-12-03

Brazil Q2 GDP Growth Beats Forecasts
The Brazilian economy advanced 0.4 percent on quarter in the three months to June 2019, after a downwardly revised 0.1 percent contraction in the prior period and above market expectations of a 0.2 percent expansion. Growth was mainly boosted by industrial and services activities while agricultural output declined.
Published on 2019-08-29

Brazilian Economy Contracts for 1st Time in Over 2 Years
The Brazilian economy shrank 0.2 percent on quarter in the first quarter of 2019, slowing from a 0.1 percent expansion in the previous period and in line with market. It was the first contraction since the last quarter of 2016, as household consumption rose at a softer pace and fixed investment continued to shrink while government spending rebounded.
Published on 2019-05-30

Brazil Q4 GDP Growth Slows to 0.1% QoQ
The Brazilian economy advanced 0.1 percent on quarter in the fourth quarter of 2018, slowing from a downwardly revised 0.5 percent expansion in the previous period and below market expectations of 0.2 percent. The slowdown was mainly due to a decline in government spending and gross fixed capital formation.
Published on 2019-02-28

Brazil GDP Growth Highest in 1-1/2-Year
The Brazilian economy expanded 0.8 percent on quarter in the third quarter of 2018, above a 0.2 percent rise in the previous period and in line with market expectations. It is the highest growth rate since the first quarter of 2017, mainly due to a rebound in investment and government spending after a nationwide truck strike during May and June caused supply disruptions and weighed down on growth. So far this year, the Brazilian economy advanced 1.1 percent.
Published on 2018-11-30

Brazil Quarterly GDP Growth Picks Up to 0.2% in Q2
The Brazilian economy grew by 0.2 percent on quarter in the three months to June 2018, following a downwardly revised 0.1 percent advance in the previous period and slightly beating market expectations of 0.1 percent. The slight expansion was sharply impacted by nationwide truckers strikes in May and June, which led to the first fall in investment in more than a year and the biggest decline in exports since the last quarter of 2014.
Published on 2018-08-31

Brazil GDP Growth at 0.4% in Q1, Matches Forecasts
The Brazilian economy advanced 0.4 percent on quarter in the first three months of 2018, following an upwardly revised 0.2 percent expansion in the previous quarter and in line with market expectations. It marks the fifth straight quarter of growth after a 2-year recession in 2016 and 2015. Household spending rose slightly faster while investment slowed and public expenditure shrank.
Published on 2018-05-30

Brazil GDP Growth Below Forecasts in Q4
The Brazilian economy advanced 0.1 percent on quarter in the last three months of 2017, following an upwardly revised 0.2 percent expansion in the previous period and well below market expectations of a 0.4 percent rise. It is the lowest growth rate in four quarters after a 2-year recession in 2017. Considering full 2017, the economy expanded 1 percent, following a 3.5 percent contraction in both 2016 and 2015.
Published on 2018-03-01

Brazil GDP Grows a Meager 0.1% in Q3
The Brazilian economy advanced 0.1 percent on quarter in the third quarter of 2017, following an upwardly revised 0.7 percent growth in the previous period and below market expectations of 0.3 percent. It is the smallest expansion in three quarters after a 2-year recession.
Published on 2017-12-01

Brazil GDP Growth Beats Expectations in Q2
The Brazilian economy advanced 0.2 percent on quarter in the second quarter of 2017, following a 1 percent growth in the previous period and beating market expectations of a 0.1 percent expansion. Household spending increased for the first time in 2-1/2-years while government spending declined more and investment continued to fall.
Published on 2017-09-06

Brazil GDP Returns To Growth In Q1
The Brazilian economy advanced 1 percent on quarter in the first three months of 2017, following a downwardly revised 0.5 percent drop in the previous period and in line with market expectations. It is the first expansion after a 2-year recession, boosted by a jump in exports and a smaller drag from consumer spending. On the other hand, public spending fell and investment continued to shrink.
Published on 2017-06-01

Brazil GDP Shrinks More Than Expected In Q4
The Brazilian economy contracted 0.9 percent on quarter in the last three months of 2016, following a downwardly revised 0.7 percent drop in the previous period and worse than market expectations of a 0.6 percent fall. Household consumption declined at a steeper pace and imports recovered while investment and exports shrank less and government spending edged up.
Published on 2017-03-07

Brazil GDP Contracts For 7th Quarter
The Brazilian economy shrank 0.8 percent on quarter in the three months to September of 2016, in line with market expectations. It is the seventh straight quarter of contraction as consumer spending continued to fall and public expenditure and investment shrank.
Published on 2016-11-30

Brazil GDP Contracts 0.6% QoQ in Q2
The Brazilian economy shrank 0.6 percent on quarter in the three months to June of 2016, following an upwardly revised 0.4 percent decline in the previous period and worse than market expectations of a 0.5 percent drop. It is the sixth straight quarter of contraction although investment rose for the first time in nearly three years.
Published on 2016-08-31

Brazil Economy Contracts 0.3% in Q1
The Brazilian economy shrank 0.3 percent on the quarter in the first three months of 2016, following a downwardly revised 1.3 percent contraction in the previous period and beating market expectations of 0.8 percent decline. It was the smallest drop since the first quarter of 2015, aided by rising exports and a rebound in government expenditure while consumer spending and investment continued to shrink.
Published on 2016-06-01

Brazil GDP Shrinks for 4th Straight Quarter
The Brazilian economy contracted 1.4 percent on quarter in the last three months of 2015, slightly lower than market expectations of a 1.5 percent decline and following a 1.7 percent contraction in the previous period. It is the fourth straight quarter of contraction as companies have been cutting investment plans since the second quarter of 2014 and in 2015 around 1.5 million people lost their job.
Published on 2016-03-03

Brazilian Economy Contracts 1.7%
The GDP in Brazil shrank 1.7 percent on quarter in the three months to September of 2015, worse than market expectations. It is the third contraction in a row as investment shrank for the ninth straight quarter and household spending posted the third consecutive fall.
Published on 2015-12-01

Brazil’s Recession Deepens in Q2
The Brazilian economy shrank 1.9 percent on quarter in the three months to June, much worse than market expectations and following a downwardly revised 0.7 percent contraction in the first quarter. It is the worst performance since the last quarter of 2008, as a rise in exports was not able to offset a slump in private consumption and investment.
Published on 2015-08-28

Brazil GDP Shrinks 0.2% in Q1
The Brazilian economy contracted 0.2 percent on quarter in the first three months of 2015, less than market forecasts but down from a 0.3 percent expansion in the previous period. Gains in exports were not enough to offset a decline in domestic demand and investments.
Published on 2015-05-29

Brazil's Economic Growth Surprises in Q4
Brazilian GDP expanded 0.3 percent on quarter in the three months to December of 2014 compared to upwardly revised 0.2 percent growth in the previous period. Better than expected expansion was driven by consumer spending while investment, government expenditure and exports declined.
Published on 2015-03-27

Brazil Avoids Recession in Q3
The Brazilian economy expanded 0.1 percent on quarter in the three months to September of 2014, pulling out from a first-half contraction, supported by increase in public spending and investment.
Published on 2014-11-28

Rousseff to Rule Brazil For More 4 Years
On Sunday, President Dilma Rousseff was re-elected with the smallest margin victory since 1994. She won 54.5 million votes (51.6 percent) as compared to 51 million votes her opponent Aécio Neves received. In her thank you speech, the President made clear that is willing to start a dialogue and bring the country together.
Published on 2014-10-27

Brazil May be Braced for a New Leader
The first round of Brazilian presidential elections was held on October 5th and no candidate got more than 50 percent of the votes. As a result, Dilma Rousseff - the current President and Aecio Neves – the leader of center right party will face up on October 26th for the second round. As Brazil’s growth wanes, the elections are dominated by economic agenda which include: tax reforms, foreign trade, inflation and central banks’ independence.
Published on 2014-10-09

Who is Aecio Neves?
In the first round of Brazil's presidential election, current President Dilma Rousseff emerged as the front-runner with 41.4 percent of the vote. Yet, the second place surprised many as Aecio Neves - a senator from the state of Minas Gerais, ousted Marina Silva - an environmental leader, with 33.7 percent of the vote.
Published on 2014-10-07

Brazilian Economy Slides Into Recession
Brazilian GDP contracted a seasonally adjusted 0.6 percent in the second quarter of 2014, hurt by a fall in investment and government expenditure. Growth figures for the first three months of the year were revised to show a 0.2 percent fall instead of a 0.2 percent expansion.
Published on 2014-08-29

Brazilian Economy Fails to Recover
After expanding meager 0.2 percent in the first quarter of 2014, the Brazilian economy is likely to contract from April to June. While high inflation and interest rate keep on constraining household consumption, strong rise in production costs hampers investments.
Published on 2014-08-04

Brazil Economy Advances 0.2% QoQ in Q1
In the first quarter of 2014, Brazilian economy expanded 0.2 percent on a quarter-on-quarter seasonally adjusted basis, slowing from a revised 0.4 percent expansion in the previous period. Growth was flooded by government spending while household consumption, investment and exports fell.
Published on 2014-05-30

Brazil Returns to Growth in Q4
In the fourth quarter of 2013, Brazilian GDP advanced 0.7 percent on a quarter-on-quarter seasonally adjusted basis, recovering from a 0.5 percent contraction in the previous period, boosted by the services sector.
Published on 2014-02-27

Brazilian Economy Shrinks 0.5% QoQ in Q3
In the third quarter of 2013, Brazil’s GDP contracted a seasonally adjusted 0.5 percent quarter-on-quarter, first decline in two years. An increase in government and household spending was not enough to offset a drop in exports and investment.
Published on 2013-12-04

Brazilian GDP Growth Accelerates to 1.5% QoQ in Q2
In the second quarter of 2013, Brazilian GDP accelerated to its fastest pace in three years. The economy expanded a seasonally adjusted 1.5 percent over the previous quarter, boosted by higher exports and agricultural production.
Published on 2013-08-30

Brazil Economy Grows 0.6% QoQ In Q1
In the first quarter of 2013, Brazil GDP expanded 0.6 percent qoq, below market expectations. While agriculture grew 9.7 percent, services increased 0.5 percent and industry contracted 0.3 percent.
Published on 2013-05-29

Brazil’s Economy: What is Next?
Following six consecutive quarters of below-trend growth, Brazil’s economy seems to be slowly recovering. In the fourth quarter of 2012, the output expanded seasonally adjusted 0.6 percent compared to previous quarter and 1.4 percent compared to same quarter a year earlier. But without significant changes in the government policy, the growth may never return to levels seen before 2009.
Published on 2012-12-11

Brazil GDP Grows 0.4% in Q4
Brazil GDP at market prices relative to the fourth quarter of last year grew by 0.3%, in the seasonally-adjusted series, compared with the figure in third quarter. Agriculture (0.9%) and services (0.6%) recorded increase, whereas industry (-0.5%) fell.
Published on 2012-03-06

Brazil Economy Stalls in Q3
Brazil Economy failed to grow from the previous three months for the first time since the first quarter of 2009, as credit curbs, higher borrowing costs and budget cuts checked demand. The GDP grew 2.1 percent from the same period a year ago.
Published on 2011-12-06

Brazil GDP Growth Slows in Q2
Brazil's economy expanded at a softer pace in the second quarter as a strong currency fueled a flood of cheap imports and industrial activity turned sluggish.
Published on 2011-09-06

Brazylian Economy Grows 1.3% in Q1
Brazil's economy expanded 1.3 percent in the first quarter from the previous three-month period, the national statistics agency said.
Published on 2011-06-03

Brazilian Economy Expands 0.7% in Q4
Brazilian economy expanded slower than expected in the fourth quarter, though the rate of growth accelerated from the previous quarter, latest figures showed Thursday.
Published on 2011-03-03

Brazil's Economic Growth Slows Slightly
Brazil's economic growth slowed slightly in the third quarter of 2010, as interest rate hikes and expiring tax cuts trimmed the expansion from the torrid pace recorded earlier this year.
Published on 2010-12-09

Brazilian Growth Outstrips Forecast
Brazil’s economy grew at an annualised rate of 8.9 per cent in the first half of 2010, defying expectations of a more significant slowdown in the second quarter and signalling that the country may beat its previous forecast of 7 per cent growth for the year.
Published on 2010-09-06

Brazil's Long Term Growth Prospects Are Shaky
After last year's 0.2% contraction, in the first quarter of 2010 Brazil's economy expanded 9% stimulated by renewed global demand for exports, expansion of credit and government incentives. Yet, the rapid pace of expansion may also lead to overheating of the economy, which can result in significant rise in consumer prices and endanger the long term development prospect
Published on 2010-06-10

Brazil's Economy Expanded 9.0% in First Quarter
Brazil posted record economic growth in the first quarter, but surging domestic demand will likely force central bankers to ramp up interest rates to cool Latin America's largest economy.
Published on 2010-06-08

Brazil's Long Term Growth Prospects Are Shaky
Last year, in the wake of the worst global economic crisis since the Great Depression, Brazil's GDP growth dropped only by 0.2%. And this year is likely to be even better. Indeed, renewed global demand for Brazil's exports, expansion of credit and government incentives are likely to make the biggest economy in Latin America to grow more than 6%. Yet, the fast pace of expansion may also lead to overheating of the economy, which can result in significant rise in consumer prices and endanger the long term development prospect.
Published on 2010-05-13

Brazil Recovery Gains Momentum
Brazil's economy continued its robust recovery in the fourth quarter as the country's services and industrial sectors reacted to heated domestic demand.
Published on 2010-03-11

Brazil Economic Recovery Continues But at Slower Pace
Brazil's economy continued to recover from a brief recession earlier this year, but growth in Latin America's largest economy was less robust than expected.
Published on 2009-12-10

Brazilian Economy is Set For Strong Growth in the Next Decade
In the second quarter of 2009 Brazil economy grew by 1.9% qoq. And although this time an expansion was supported by government spending, at Trading Economics we think that Brazil may keep above average pace of growth for years to come.
Published on 2009-09-21

Brazil GDP Rose 1.9% in Q2
Brazil’s economy emerged from its first recession since 2003 in the second quarter powered by domestic demand.
Published on 2009-09-11

Brazilian Economy Is Recovering
Brazil’s gross domestic product declined 1.8 percent annually in the first quarter of 2009, falling into a recession for the first time since 2003. And even though it is expected that Latin America’s biggest economy may experience negative growth this year, it is likely that will contract much less than other countries.
Published on 2009-07-14

Brazilian Economy is Fighting Recession
Brazil’s gross domestic product declined 1.8 percent annually in the first quarter of 2009, falling into a recession for the first time since 2003. And even though it is expected that Latin America’s biggest economy may experience negative growth this year, it is better prepared to fight the slowdown than many other countries.
Published on 2009-06-11

Brazil’s Economy Contracts 1.8%
Brazil’s economy fell into a recession for the first time since 2003 in the first quarter as the global credit crisis led to a record drop in investment and halted demand for Brazilian exports.
Published on 2009-06-09

Brazilian Economy Is Recovering
Brazil’s gross domestic product fell 3.6 percent in the fourth quarter of 2008, the most on record. And even though it is expected that Latin America’s biggest economy shrank in the first three months of 2009, signs of recovery are becoming more visible.
Published on 2009-05-29

Will Brazilian Economy Avoid a Major Slowdown?
In the fourth quarter of 2008, Brazil’s gross domestic product fell 3.6 percent, the most on record. Is this a sign that the biggest economy in Latin America fell victim of the global recession or is it just a temporary slowdown?
Published on 2009-03-11

Brazil Fourth-Quarter GDP Shrank 3.6%
Brazil’s economy shrank the most on record in the fourth quarter as companies slashed jobs and output in response to the global credit crisis.
Published on 2009-03-10

Brazil is Slipping Deeper into Crisis
So far, Brazil has been weathering the global crisis better than many other countries. However, recent economic data points towards a sharp slowdown in the biggest economy in the Latin America.
Published on 2009-02-13

Brazil Maybe The Next Large Economy to Collapse
Not a long time ago, Brazil was growing at the fastest pace since the 1990's and no one would expect the global economic crisis to have a significant impact in the biggest national economy in Latin America.
Published on 2008-11-18

Brazil's Bank Holds Rate
Brazil's central bank halted six months of interest-rate increases, waiting to see whether the global credit crisis will slow economic growth enough to contain inflation stoked by a slump in the local currency.
Published on 2008-10-30

Brazil's Economy Growth Unexpectedly Quickens to 6.1%
Brazil's economic growth unexpectedly accelerated in the second quarter. Gross domestic product, the broadest measure of a country's production of goods and services, jumped 6.1 percent from a year earlier.
Published on 2008-09-26

Brazil’s Economy Expanded 5.8% in Q1
Brazil’s GDP rose by 5.8% year-on-year in the first quarter of 2008, the Brazilian statistics institute IBGE reported on June 10.
Published on 2008-08-25