Tag: Joao Pedro Ribeiro

• Friday, March 4th 2016 - 07:17 UTC

  Brazilian GDP contracted 3.8% in 2015, the worst among major economies

  

  Brazil's GDP fared worse than almost any other major economy in 2015, contracting by 3.8%, according to the national statistics agency IBGE. Economic growth in the world's seventh-largest economy has fallen sharply in recent months, which was due partly to low commodity prices and sluggish global growth.