By Jeffrey T. Lewis
SÃO PAULO--Brazil recorded a current-account deficit of $1.7 billion in September, from a surplus of $1.7 billion in August, the country's central bank said Friday.
The 12-month current-account deficit reached $20.7 billion in September, from a revised $19.3 billion the month before, the bank said.
The 12-month current-account deficit was equal to 1.3% of gross domestic product, versus 1.2% of GDP reported for the previous month.
Net foreign direct investment reached $4.5 billion in September, the same amount as in August, the bank said. FDI reached $50.4 billion for the 12 months through September, compared with $49.4 billion in the 12 months through August.
Write to Jeffrey T. Lewis at jeffrey.lewis@wsj.com
(END) Dow Jones Newswires
10-22-21 0920ET