Macroeconomy/Finance

Brazil registers 9.3% record GDP contraction

The Brazilian economy registered a 9.3% decrease in April, in comparison with March, according to data from the GDP-FGV Monitor, released by the Getúlio Vargas Foundation (FGV). In comparison with April of last year, the fall was even greater, of 13.5%. In the moving quarter ended in April, the decline was 6.1%, compared to March.

Source: G1

Categories: Macroeconomy/Finance