Economy Grows 0.7% in May, Driven by Household Consumption, Says FGV
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6 Articles
The GDP-FGV Monitor points to growth of 0.7% in economic activity in May compared to April, in the analysis of the series with seasonal adjustment. In the annual comparison, the economy grew 1.2% in May and 1.9% in the mobile quarter closed in May. The cumulative rate in 12 months until May was 1.7%. "The positive variation rates in agriculture and the service sector together with the stability of the industry help explain the estimated growth o…
GDP Monitor points high of 1.7% in the accumulated of 12 months
The Brazilian economy recorded a slight growth of 0.7% in May this year, in comparison with April, according to data from the GDP Monitor released on Monday, 20, by the Getulio Vargas Foundation (FGV). According to the survey, the Gross Domestic Product (GDP) of the country advanced 1.2% in May, in comparison with the same period last year. Already in the mobile quarter closed in May, the rise was 1.9%. In the accumulated 12 months until May 202…
Household consumption grew by 3.3% in the first quarter of 2026 compared to the same period of the previous year, according to the GDP Monitor,
Economic activity increased 1.2% compared to the same period last year
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