November 28, 2019 / 6:25 PM / 11 days ago

Brazil govt posts primary budget surplus 8.7 bln reais in October - Treasury

BRASILIA, Nov 28 (Reuters) - Brazil’s central government reported a primary budget surplus of 8.67 billion reais ($2.05 billion) in October, the Treasury said on Thursday, less than the 10.7 billion reais surplus median forecast in a Reuters poll of economists.

That was 11% narrower in real terms than the same month last year, the Treasury said. In the first ten months of this year, the accumulated deficit before interest payments are taken into account stood at 63.85 billion reais, 14.8% narrower in real terms. ($1 = 4.23 reais) (Reporting by Marcela Ayres; Writing by Jamie McGeever; Editing by Marguerita Choy )

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