Business • Economy
2020-09-01T19:30:02+00:00

GDP falls 9.7% record in the 2nd quarter and Brazil enters recession again

GDP falls 9.7% record in the 2nd quarter and Brazil enters recession again
Closed stores in Santos, Brazil Credit: Marcelo dos Santos

The Gross Domestic Product (GDP) of Brazil had a historical fall of 9.7% in the 2nd quarter, in comparison with the first 3 months of the year, due to the impact of the coronavirus crisis,

With a pandemic, the Brazilian economy regressed to the level of late 2009.

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Uruguayan geek living in Berlin
Card reviewed by: @ericof