Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Brazil Second Quarter Economy Climbs 0.4% From Previous Quarter

Brazil’s economy expanded 0.4 percent in the second quarter, the national statistics agency said today in Rio de Janeiro.

Analysts had forecast growth of 0.5 percent from the first quarter, according to the median estimate from 51 economists surveyed by Bloomberg. Gross domestic product expanded 0.5 percent from a year earlier, as compared to the 0.7 increase forecast by 47 economists.

Latin America’s largest economy has faltered since last year amid the European debt crisis and weaker Chinese demand for Brazil’s exports. The government has responded with tax cuts for goods ranging from automobiles to appliances in a bid to prop up consumer demand, while the central bank has cut its benchmark lending rate to a record low.

Finance Minister Guido Mantega said yesterday he expects growth will accelerate to a 4 percent annualized rate in the fourth quarter and reach 4.5 percent in 2013.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.