NEWS IN ENGLISH – GDP grew 0.4% in second quarter

03/09/2012 10:47

Nielmar de Oliveira      Reporter Agência Brasil

Rio de Janeiro – Brazil’s GDP grew 0.4% in the second quarter, compared to the first quarter, rising to R$1.1 trillion, reports the government statistical bureau (“Instituto Brasileiro de Geografia e Estatística – IBGE”).

Compared to the same period a year ago, the second quarter of 2011, GDP growth was up 0.5%. In the first half of 2012, compared to the same period in 2011, GDP growth was 0.6%. For the last twelve months, there has been cumulative GDP growth of 1.2%.

In the second quarter of 2012, there was strong growth in the farm sector, up 4.9%. There was average growth in the services sector, up 0.7%. And weak performance in the manufacturing sector, down 2.5%.

Allen Bennett – translator/editor The News in English

Link - PIB tem crescimento de 0,4% no segundo trimestre