Reuters logo
Brazil posts budget deficit of 16.1 bln reais in July
August 30, 2017 / 1:54 PM / 3 months ago

Brazil posts budget deficit of 16.1 bln reais in July

BRASILIA, Aug 30 (Reuters) - Brazil posted a primary budget deficit of 16.138 billion reais ($5.1 billion) in July, central bank data showed on Wednesday, smaller than the median forecast in a Reuters poll of 17.2 billion reais. The deficit in the 12 months through July reached 170.520 billion reais, equal to 2.66 percent of gross domestic product and well above the proposed target for a deficit of 159 billion reais this year.

$1 = 3.167 reais Reporting by Silvio Cascione; Writing by Bruno Federowski; Editing by Chizu Nomiyama

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below