Ipea raises projection for agribusiness GDP growth to 2.2%

The Institute for Applied Economic Research (Ipea) has raised its estimate for the sector’s growth this year from 1.5% to 2.2%, based on IBGE estimates. The new estimate takes into account updated projections for agricultural and livestock production and a methodological review. For this year, the researchers projected an increase of 2.3% in the added value of vegetable production and 1.9% in the added value of animal production.

Source: G1