Brasil Taxa de Crescimento do PIB

The Brazilian gross domestic product expanded by 1.4% from the previous quarter in the first three months of 2025, the most in three quarters, and in line with market expectations. The sharp growth magnitude was carried by a 3.1% expansion in gross fixed capital formation, despite the restrictive interest rates set by the Central Bank of Brazil as the monetary authority attempt to tackle above-target inflation and expansionary fiscal policy. In the meantime, private consumption grew by 1%, while public expenditures nearly stalled for a 0.1% increase. From the previous year, the Brazilian GDP expanded by 2.9% in the first quarter.