Monday, March 4, 2019
The result, which follows an identical full-year expansion in 2017, means Brazil is stuck in an anaemic recovery following one of its deepest-ever recessions, in 2015-16. Household consumption is lukewarm amid persistently high unemployment. Even so, the annual growth figure was lifted by the large services sector, which grew by 1.3%. Agriculture remained nearly stagnant while industry grew by 0.6% -- even though construction recorded its fifth consecutive year of contraction.