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Brazil’s GDP grows 1.9% in the 1st quarter of 2023, says IBGE

The country's GDP (Gross Domestic Product) grew 1.9% in the 1st quarter of the year compared to the 4th quarter of 2022. It currently totals R$ 2.6 trillion (US$520 billion).

The IBGE (Brazilian Institute of Geography and Statistics) released the data on Thursday (June 1, 2023).

The rise in the farming and livestock sector (21.6%) boosted the economy's growth. The services sector, which has the greatest weight in the indicator, rose 0.6%. Industry, in turn, fell 0.1% in the period.

The financial market projections obtained by Poder360 indicated that the country would . . .

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