Agricultural GDP is stable in the second quarter of the year

According to the Brazilian Institute of Geography and Statistics (IBGE), while the industry segment showed a negative result of 0.6%, services grew by 0, 3%, agriculture and livestock stabilized at 0.0%.

In light of these results, Brazil’s overall GDP registered a slight growth of 0.2%. Although small, this is the sixth high followed. In current values, GDP totaled R $ 1.693 trillion.

In the comparison of the results obtained in the second quarter of last year, agribusiness GDP fell by 0.4%, while industry and services grew by 1.2%. The positive result for the field products segment is only observed when compared to the last four quarters, when growth was 2.0%.

This text was translated by machine from Brazilian Portuguese.