Skip to content
Subscriber Only
Business
Economics

Brazil GDP Probably Shrank as Investment and Confidence Fall

Updated on

Brazil’s economy probably contracted in the fourth quarter of last year as stagflation plagues the world’s second-biggest emerging market.

Gross domestic product fell 0.1 percent from the three previous months, according to the median forecast of 38 economists surveyed by Bloomberg. Output remained flat for the full year, economists estimated. The statistics institute is scheduled to publish its GDP report at 9:00 a.m. in Rio de Janeiro on Friday.