Brazil grew a paltry 0.6 percent in third quarter | Bangkok Post: news

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Brazil grew a paltry 0.6 percent in third quarter

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The Brazilian economy grew a paltry 0.6 percent in the third quarter of 2012 compared with the previous three months, signaling a weaker than anticipated recovery, the Brazilian statistics office said Friday. 

A Brazilian aircraft Embraer 175 is seen at the airport next to Embraer's factory in Sao Jose dos Campos, about 100 km east from Sao Paulo, Brazil, on October 17. The Brazilian economy expanded a paltry 0.6 percent in the third quarter of 2012 compared with the previous three months, signaling a weaker than anticipated recovery, the Brazilian statistics office said Friday.

The Institute of Geography and Statistics (IBGE) said the economy rose 0.9 percent in the July-to-September quarter compared with the same period of last year, and a mere 0.7 percent so far this year.

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