Macroeconomy/Finance

Brazil’s GDP grows 1.1% in 2019, Bolsonaro’s 1st year

In the first year of the Bolsonaro government, GDP advanced 1.1%. The result of the year was driven by the growth of private investments, which increased by 2.2%. On the supply side, the highlight was the services sector, which increased 1.3%. The recovery of the labour market, although slow, contributed to the results.

Source: Veja

Categories: Macroeconomy/Finance