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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Snowshoe who wrote (90923)6/2/2012 7:12:25 AM
From: elmatador  Respond to of 219526
 
Agriculture contracted 7.3% compared with the previous quarter. That's what happens when you depend on the weather for your economy to grow.

"the villain in this quarter was not the country’s faltering industrial sector but its mighty agricultural industry, whose crops fell prey to erratic weather in several parts of the country"

“In the first quarter, we felt the result of seasonal processes which led to a [partial] failure of the soybean crop and then a fall in the rice and tobacco crop,” said finance minister Guido Mantega.

ft.com