IBGE

GDP expanded 0.8% compared with the first quarter of this year, the IBGE said.

Brazil GDP Slows in Second Quarter Jeff Fick 2011

Gross domestic product grew 3.1% in the second quarter from the same period a year ago, the Brazilian Geography and Statistics Institute, or IBGE, said Friday.

Brazil GDP Slows in Second Quarter Jeff Fick 2011

Food prices, which carry the heaviest weight in the IBGE's inflation index, also are more likely to rise through the end of 2011 than to fall, said Eulina Nunes dos Santos, head of the IBGE's inflation survey.

Brazil Inflation Casts Doubt on Central Bank Move Jeff Fick 2011

Imports were up 14.6% year-on-year in the second quarter versus 6.1% growth in exports, the IBGE said.

Brazil GDP Slows in Second Quarter Jeff Fick 2011

Despite the downward trend in Brazil's economy over recent quarters, the IBGE data showed hidden areas of strength.

Brazil GDP Slows in Second Quarter Jeff Fick 2011

Family consumption increased 5.9% year-on-year in the first quarter to 595 billion Brazilian reais $378 billion, the IBGE said.

Brazil's Economic Boom Advances in First Quarter Jeff Fick 2011

Brazil's gross domestic product expanded 4.2% in the first quarter compared with the first quarter a year earlier, the Brazilian Census Bureau, or IBGE, said Friday.

Brazil's Economic Boom Advances in First Quarter Jeff Fick 2011

Brazil's official Consumer Price Index ended 2011 with a 6.5% surge compared with 5.91% in 2010, the Brazilian Institute of Geography and Statistics, or IBGE, said Friday.

Brazil Hit Inflation Target, But Not Bull's-eye, in 2011 JEFF FICK 2012

But Brazil's economic boom actually gained steam in the first quarter, surging 1.3% compared with 0.8% growth in the fourth quarter, the IBGE said.

Brazil's Economic Boom Advances in First Quarter Jeff Fick 2011

Economic-activity levels in nearly all of the sectors measured by the GDP survey have climbed above the robust levels reached in the second quarter of 2008, right before the financial crisis struck, said Rebeca Palis, an IBGE economist.

Brazil GDP Slows in Second Quarter Jeff Fick 2011