The expansion was driven by increases in services and industry, which added up to about 90 percent of the indicator. On the other hand, farming and livestock saw a decline.
This month, indebted Brazilians can improve their credit score. The action is joined by the Central Bank, bank federation Febraban, and consumer protection authorities.
The Economic Commission for Latin America and the Caribbean (ECLAC) estimates that Brazil's economic growth will be below the regional average next year.
The amount is up 84 percent from the same period last year. The data are said to show a strong rebound in the sector, which was deeply impacted by the pandemic.
Interviewed on A Voz do Brasil, Minister Guedes discussed the government’s measures to tackle the global crisis caused by the pandemic and efforts to restore growth.
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