Clipping of news on Brazilian Culture, Law and Citizenship
02/19/2014
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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The Brazilian economy ended 2013 with growth of 2.3 % , the second indicator Serasa Experian , released on Wednesday ( 19 ) . If confirmed the expectation , the high will have been more than double that recorded in 2012 , when the Brazilian Gross Domestic Product ( GDP ) expanded by 1%.
In December, however , the research shows that there was a 0.1% drop in economic activity in comparison with the previous month , driven by a decline of 3.5 % in industry .
The estimated SERASA was close to the Central Bank - last week , the IBC- Br , which purports to be a " preview " of GDP showed a rise of 2.52 % in the activity in 2013 . Meanwhile, the estimate of the banks , harvested in Focus report , is an expansion of 2.24 % . The official number of economic growth in the past year, however , will be released by the Brazilian Institute of Geography and Statistics ( IBGE ) only on February 27 .
in the year
According to Professionals, the GDP growth in 2013 was driven by agriculture , which expanded by 7.3% in the year , a result of the record harvest of 188.2 million tons of grain . The rise in services was 2.1 % , while the industry grew by 1.3 % .
On the demand side , household consumption rose by 2.3% , and the government of 1.8 % . The main component of growth, however , came from investments , which advanced 6.3% , after a fall of 4 % in 2012 .
Also the external sector , with imports growing much faster than exports ( 8.7 % versus 2 % ) weighed negatively on the performance of the Brazilian economy in 2013
Source : G1
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This article was translated by an automatic translation system, and was therefore not reviewed by people.