Strong GDP growth in 1Q pushes up projections for 2021

“Perfeita considerando o status quo, mas em perspectiva existem riscos internos e externos.”

The Brazilian economy was little affected by the worsening health crisis and the reduction of stimuli, and grew 1.2% seasonally adjusted in the first quarter over the last three months of 2020 driven by greater help from abroad and a move to replenish inventories.

Even after a wave of upward revisions in the estimates, the GDP result released Tuesday by the Brazilian Institute of Geography and Statistics (IBGE) was a positive surprise that easily surpassed the median projection of 0.7% by 55 analysts heard by Valor Data…

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Fonte: Valor
Publicado: 2 de junho de 2021

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