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MercoPress, en Español

Montevideo, April 26th 2024 - 20:22 UTC

Tag: record-low interest rates

  • Saturday, December 1st 2018 - 10:24 UTC

    Brazilian economy accelerates in the third quarter

    The services sector, Brazil’s largest, contributed the most to economic growth, while agribusiness expanded for a third straight month

    The Brazilian economy accelerated sharply in the third quarter as record-low interest rates and a one-off government-led boost helped it bounce back from the impact of a nationwide truckers’ strike. Gross domestic product rose 0.8% from the second quarter and 1.4% from the third quarter of 2017, government statistics agency IBGE said on Friday.