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Brazil posts 39.1 bln reais primary budget deficit in November
December 27, 2016 / 12:45 PM / in 10 months

Brazil posts 39.1 bln reais primary budget deficit in November

BRASILIA, Dec 27 (Reuters) - Brazil posted a primary budget deficit of 39.141 billion reais ($11.90 billion) in November, central bank data showed on Tuesday, erasing most of the gains recorded the previous month.

The deficit was wider than expected at 35.9 billion reais and came after a budget surplus of 39.5 billion reais in October. ($1 = 3.2887 reais) (Reporting by Marcela Ayres; Writing by Bruno Federowski and Alonso Soto; Editing by W Simon)

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