Brazil central govt posts primary budget surplus of $5.8 billion in October

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Reuters
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An aerial view shows Paraisopolis slum and buildings from Morumbi neighbourhood in Sao Paulo

BRASILIA (Reuters) – Brazil’s central government posted a primary budget surplus of 30.8 billion reais ($5.8 billion) in October, Treasury data showed on Tuesday, above the 25.7 billion reais surplus expected by economists polled by Reuters.

In the 12 months to October, the central government recorded a primary surplus of 85.7 billion reais, equal to 1.02% of gross domestic product.

($1 = 5.2928 reais)

(Reporting by Marcela Ayres)

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