Brazil G20 country with lowest growth in third quarter

Criado em 12/12/13 15h31 e atualizado em 13/12/13 10h27
Por Kelly Oliveira Fonte:Agência Brasil

Brasília – Brazil gave its poorest economic performance in this year’s third quarter among the G20 countries, according to information released Thursday (Dec. 12) in a report by the Organisation for Economic Co-operation and Development (OECD).

Brazil’s gross domestic product (GDP) fell 0.5% in the year’s third quarter against the previous one.

The OECD reported that this has been the first decline since the first quarter of 2009. According to the organization, it may be partly explained as stemming from the “significant” 1.8% growth in the second quarter.

Among the G20 countries, France also showed a decline (0.1%). China is the country with the largest growth – 2.2%. Indian GDP rose 1.9%. In the US, UK and Canada, the GDP growth was estimated at 0.9%, 0.8% and 0.7%, respectively. Mexico grew 0.8%; Italy, in turn, showed stability in its economy.

The GDP of all G20 countries put together reached 0.9% in the third quarter, after the 0.8% increase in the second quarter.

Edited by José Romildo and Lícia Marques
Translated by Fabrício Ferreira

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