裸体美女黄色小电影|欧美的久久性视频|欧美成人黄色三级特A|自拍国模私拍视频第二页在线|怡红视频一区欧美乱伦电影网|tiantianjiujiu|三级无码电影艹干人妻电影|精品啪啪视频非洲A级片|高清无码日韩中文一区二区|91成人在线草在我视频

Brazil's GDP growth to slow down to 0.9 pct in 2019: industry confederation

Source: Xinhua| 2019-10-12 09:40:02|Editor: Yurou
Video PlayerClose

BRASILIA, Oct. 11 (Xinhua) -- Brazil's gross domestic product (GDP) will grow 0.9 percent this year due to slow economic recovery, down from 1.1 percent in 2018, the country's top industry confederation said Friday.

Poor economic and industrial performance can be attributed to the sluggishness of the country's reform agenda, said the third-quarter report by the National Confederation of Industry (CNI).

The report also showed a disconnect between the growth rates of consumption and industrial production.

"Retail sales have been growing, but this has not spread to industry, which continues to be almost stagnant mainly due to the lack of competition," said Flavio Castelo Branco, executive manager of the economic policy unit at the CNI.

Brazil's unemployment rate is projected to drop to 11.9 percent, a decrease of 0.4 percent compared with 2018, said the report.

The CNI also estimated that the general government debt-to-GDP ratio will rise from 77.2 percent in 2018 to 78.4 percent in 2019.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001384656241