Investment growth shows optimism in Brazil -finance minister

Investment growth shows optimism in Brazil -finance minister

Chamber Articles Category: Economic News Post Date: 12/04/17 Source: Reuters By: Patricia Duarte and Brad Haynes
Article Content

Third-quarter gross domestic product (GDP) figures confirm Brazil’s economy is on a growing trajectory and stronger investment shows optimism about the country’s future, Finance Minister Henrique Meirelles said on Friday via Twitter.

Meirelles said economic growth of 0.1 percent compared to the prior quarter “may seem low, but is strong if analyzed by sectors.” Excluding a seasonally induced drop in agricultural output, he said growth would have been 1.1 percent. Read Full Article