IBGE revises Brazil's growth forecast downwards for the second quarter.
According to IBGE, the expansion of economic activity in the period was 1,0%, after initially estimating growth at 1,2%.
Reuters The Brazilian Institute of Geography and Statistics (IBGE) revised downwards the growth of the Gross Domestic Product in the second quarter of 2022 compared to the previous three months.
The expansion of activity in the period was 1,0%, the agency reported on Thursday, after initially estimating growth at 1,2%.
IBGE also revised the GDP for the first quarter, but in this case the increase was higher (1,3%) than the preliminary calculation (1,1%).
Subscribe to 247, Support via Pix, Subscribe to TV 247, in the channel Cuts 247 and watch: