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RPT-Brazil posts primary deficit of 2.1 bln reais in June
July 31, 2014 / 5:30 PM / 3 years ago

RPT-Brazil posts primary deficit of 2.1 bln reais in June

(Repeats story after alert corrected, no changes to text)

BRASILIA, July 31 (Reuters) - Brazil posted a primary budget deficit of 2.1 billion reais ($900 million) in June, disappointing market expectations of a small surplus, central bank data showed on Thursday.

The primary budget, which represents the public sector’s excess revenue over expenditures before debt payments, had been expected to be a surplus of 200 million reais, according to the median forecast of 10 analysts surveyed by Reuters.

The country posted a primary deficit of 11.04 billion reais in May.

$1 = 2.26 Brazilian reais Reporting by Alonso Soto and Luciana Otoni; Writing by Silvio Cascione; Editing by James Dalgleish and Andrew Hay

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