The Brazilian economy contracted for the first time in 17 years in 2009, falling by 0.2% the Brazilian Institute of Geography and Statistics (IBGE) said Thursday. It was the first annual contraction of GDP since 1992. IBGE said the industrial and agricultural sectors were hit hardest but the services sector gained in 2009
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RIO DE JANEIRO, BRAZIL - In 2021, Brazil should harvest around 46.7 million 60-kg bags of coffee, estimated on Wednesday the Brazilian Institute of Geography and Statistics (IBGE), which with the harvest of canephora beans underway, reduced the projection for the country s total harvest by 0.6% compared to last month.
Compared to last year s harvest, total coffee production is expected to drop by 24.3%, the IBGE added, mentioning lower arabica production due to the drought and the crop s low yield year.
According to IBGE, the planted area shows a decline of 5.1% and . . .
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