Flavio Maluf on the Poor Performance of the Agricultural Sector

The Brazilian economy grew by 0.4% compared to the fourth quarter of 2017, and it was a growth of 1.2% increase compared to the first quarter of 2017. Flavio Maluf emphasizes the fact that despite agriculture being one of the main contributors to the growth in GDP, it did not perform well when compared to the beginning of 2017. The increase was drawn by agriculture. However, the agricultural sector did not perform well at the beginning of the year as compared to the previous year. The president of the Eucatex, Flavio Maluf looked deeper into the subject to find out why the agricultural sector did not perform well this year. Maluf emphasized the subject about the growth in the Brazilian economy.

According to Flavio Maluf, the agricultural sector lost its rhythm between April and June. He also stressed that the lack of the product on the farms affected animal production which directly affected the amount of meat being produced. Maluf also reported that 2017 had high harvest record with around 240 million produce. The strike of the truck drivers affected the agriculture sector since the producers could not transport their produce. The strike affected corn circulation as well, and it led to huge losses in the agricultural sector. He also emphasized that the coffee chain was also affected and it will affect eth second quarter GDP. Read more on Business and Economics about FlavioMaluf

Flavio Maluf was born in 1961 and went to the Fundação Armando AlvaresPenteado, in Brazil where he graduated with mechanical engineering. He also went to the New York University and graduated with a degree in business administration. Maluf is an entrepreneur and the president and CEO of Eucatex group. Eucatex group is in Brazil and is family owned. The company deals in building and supply and its primary emphasis is on paints, vinyl floors, doors, wall partitions, and panels. Maluf got chosen to become the president of the business in 1997. It was the best move that the company made because, under his management, the company grew to become a multi-million dollar business. He made use of new technology to the product from high quality.

To learn more about Flavio Maluf, visit: https://flaviomalufoficial.com/