As a result, the country’s economy is still at the same level as 2017, with an accumulated drop of 5% from January to September. The recovery highlight was the manufacturing industry.
The market expectation was for growth of 8.8% in relation to the previous quarter
“The Gross Domestic Product (GDP) grew 7.7% in the third quarter, in comparison with the second quarter, the greatest variation since the beginning of the series in 1996, but still insufficient to recover the losses caused by the pandemic. With the result, the The country’s economy is at the same level as 2017, with an accumulated loss of 5% from January to September, compared to the same period in 2019 “, informed the IBGE, Brazilian institute of statistics.
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