Brazil's gross debt climbs to 81.1% of GDP in May
BY Reuters | ECONOMIC | 07:42 AM EDTBRASILIA, June 30 (Reuters) - Brazil's gross debt climbed to 81.1% of gross domestic product (GDP) in May, central bank data showed on Tuesday, from 80.2% the month before and above the 80.7% expected in a Reuters poll.
The country's public sector posted a primary deficit of 56.131 billion reais ($10.85 billion) for the month, surpassing the 53.5 billion reais shortfall forecast in the poll. ($1 = 5.1733 reais) (Reporting by Marcela Ayres; Editing by Andrew Heavens)
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