In Brazil, they talked about the fall in GDP due to the pandemic

According to RIA Novosti with reference to the report of the institute, the country's GDP decreased by 9.7%.

“The country's GDP in the second quarter of 2020 decreased by 9.7% compared to the previous quarter amid measures taken to combat the COVID-19 pandemic.

This is the second quarterly decline in a row and the lowest figure since 1996, ”the document says.

It is clarified that in the first quarter, the drop in GDP was 2.5%.

Most of all, the decline is observed in industry (12.3%) and in the service sector (9.7%).

In contrast, the agro-industrial complex grew by 0.4%.

Earlier it was reported that the total number of COVID-19 cases recorded in Brazil exceeded 3.9 million.

Pavel Gribov, Associate Professor of the Department of Economic Security of the RANEPA, in an interview with the FBA "Economy Today" assessed the consequences of the situation with coronavirus for the world economy.