Economy· August 17, 2026 at 12:46 p.m.
Brazil Reports Modest Second-Quarter Growth
Key takeaways
- Brazil's economy expanded by 0.3% in the second quarter
- The recovery follows a 4.1% contraction in the first quarter
- Economy Minister Paulo Guedes welcomed the news but warned of challenges ahead
Brazil's economy expanded by a modest rate in the second quarter, according to data from the country's central bank index. The growth, while not robust, marks an improvement compared to the previous quarter's contraction. The details of the expansion and its implications for Brazil's overall economic recovery are yet to be fully analyzed.