(MENAFN- Brazil-Arab News Agency (ANBA)) Agência Brasil
Rio de Janeiro – Brazilian Gross Domestic Product (GDP) started the year with a hike according to Fundação Getúlio Vargas (FGV). FGV's GDP Monitor showed that Brazilian economy grew by 0.3% from December 2018 to January this year. Compared to January 2018, the hike reached 1.1%. Accumulated in the 12 months, the hike was of 1%.
From December to January, three large productive sectors posted growths: agriculture and livestock (4.8%), services (0.7%) and industry (0.2%). Within services, the main highlights were other services (1%), and real estate services (0.9%). In industry, the only segment that grew was power generation (1.5%).
Translated by Guilherme Miranda
MENAFN2003201902130000ID1098284498
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.