Brazil Gross Domestic Product Rose 0.6% in Third Quarter

Brazil’s economy expanded 0.6 percent in the third quarter, the national statistics agency said today in Rio de Janeiro.

Gross domestic product grew 0.9 percent from a year earlier, the Rio de Janeiro-based agency said.

Analysts had forecast year-on-year expansion of 1.9 percent and growth of 1.2 percent compared with the second quarter, according to the median estimates from economists surveyed by Bloomberg.

To contact the reporter on this story: Peter Millard in Rio de Janeiro at pmillard1@bloomberg.net

To contact the editor responsible for this story: Joshua Goodman at jgoodman19@bloomberg.net

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