GDP OF AGRICULTURE SHOULD REPEAT POSITIVE RESULT ON THE 2ND. QUARTER

The good performance in the production of soy and rice pulled the 1.9% growth of agriculture in the first quarter of 2020 compared to the same period 2019, according to the Confederation of Agriculture and Livestock of Brazil (CNA).

This result, published on Friday (29) by the IBGE, shows that the sector was the only positive performance in the first three months of this year, unlike the Brazilian economy, which fell 0.3% in the first quarter over the same period 2019, reflecting the coronavirus pandemic impacts.

 

Via DATAGRO

 

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