IBC-Br Climbs 0.3% in August, but Risk of Recession Increases
5 Articles
5 Articles
The recovery of the IBC-Br (Economic Activity Index), calculated by the Central Bank, in August over July, does not allow to conclude that the economy has entered a period of expansion.In comparison to July, when the IBC-Br had already retreated 0.3%
IBC-Br advanced 0.3% in August compared to JulyPrevious GDP rises 0.3% in August, but quarter falls 0.6% and EQI sees risk of recession in 2027
Industry advanced 0.9% in the month and pulled the Central Bank indicator, but agriculture declined 1.8%; quarter ended in August fell 0.6%. The post Previous of GDP (IBC-Br) again advanced in August, but experts see risk of recession appeared first in Market Monitor.
BC activity indicator progressed above expectations, but negative results in the previous two months indicate poor performance in the consolidated third quarter data
IBC-Br records high in August, driven by industry and services; at Live CNN, Débora Oliveira highlights that quarter still points to economic slowdown
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