Economy· August 17, 2026 at 01:55 p.m.
Brazil's Economic Growth Slows Down in Q2, Central Bank Data Reveals
Key takeaways
- Brazil's GDP expanded by 0.7% in Q2
- The growth rate is lower than the 1.2% expansion in Q1
- The slowdown was due to a decline in domestic and foreign demand
In a recent disclosure by Brazil's central bank, the country's economy showed a deceleration in growth during the second quarter of the year. The data indicates that the GDP expanded by 0.7% compared to the previous three months, marking a significant slowdown from the 1.2% expansion recorded in Q1.