Brazil’s GDP grew 1.5 percent in the second quarter of 2013 compared with the previous three months, showed official statistics released Friday.
The better-than-expected figure marked a year-on-year GDP growth of 3.3 percent, according to the Brazilian Institute of Geography and Statistics (IBGE).
The agricultural industry led the surge with a 3.9-percent growth, while manufacturing and the service industry followed with 2 percent and 0.8 percent.
Also during the period, investments rose 3.6 percent quarter over quarter, while private consumption edged up to 0.3 percent, still weak but better that the zero growth in the first quarter.
Between April and June, exports grew 6.9 percent, while imports increased by 0.6 percent, thanks to the real’s devaluation against the U.S. dollar.
The leading Latin American economy’s pace of growth in the second quarter was higher than those of such developed countries as the United States, Britain, Germany and France.
The Brazilian economy grew a paltry 0.9 percent in 2012./.
Đăng ký: VietNam News