Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Brazil's Q3 GDP expands 0.9%  Join our daily free Newsletter

MENAFN - 02/12/2012

No. of Ratings : 0
Add to Mixx!


 


(MENAFN) The Brazilian Institute of Geography and Statistics (IBGE) stated that in the third quarter, the country's economy expanded slightly by 0.9 percent from 2011's same period, reported Xinhua News.

The agency said that compared with the second quarter, gross domestic product (GDP) expanded by 0.6 percent.

In the third quarter, GDP reached USD514 billion, moreover, in the first three quarters, the Brazilian economy expanded by only 0.7 percent.

Agriculture and livestock farming saw the most positive results, growing 2.5 percent, while the industrial sector grew 1.1 percent.

The figures show that tertiary industry, which represents more than half of the country's GDP, recoded a zero growth in the third quarter compared with the previous quarter.

It is worth noting that Brazil's 2012 economy will grow by 1.3 percent, according to the Organization for Economic Cooperation and Development (OECD).

 






  MENA News Headlines


 
Click to Apply






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help