Brazil Daily

What to expect from Brazil’s Q2 2020 GDP numbers?

Today, we look ahead to Brazil’s GDP announcement for Q2. Half a year since the first Covid-19 case in Latin America. And the region looks to take advantage of global shifts in supply chains.

Upcoming Brazil GDP results to wipe out 11 years of growth

Brazil is set to publish its official Q2 GDP figures on September 1. We already know that the drop will be significant, as economic activity was halted for much of the quarter. Reporter José Roberto Castro shows that, according to most financial institutions’ projections, the quarterly drop will be somewhere between 8 and 10 percent.

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