Brazil GDP Growth Accelerates To 1.4%

(RTTNews) - The Brazilian economy expanded at a faster pace in the first quarter of 2025, according to figures released on Friday by the Brazilian Institute of Geography and Statistics, or IBGE.

Gross domestic product advanced 1.4 percent sequentially in the March quarter, as expected, faster than the 0.1 percent growth in the December quarter.

The expenditure breakdown showed that gross fixed capital formation grew 3.1 percent, and household consumption expenditure rose by 1.0 percent. On the contrary, government consumption expenditure declined by 1.0 percent.

Both exports and imports climbed by 2.9 percent and 5.9 percent, respectively.

On a yearly basis, GDP growth moderated to 2.9 percent from 3.6 percent in the fourth quarter. The expected growth was 3.2 percent.