Brazil Economic Activity up 0.3% in August, Matching Forecasts
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Brazil economic activity up 0.3% in August, matching forecasts
Economic activity in Brazil rose by a seasonally adjusted 0.3% in August from the previous month, a central bank index showed on Friday, matching the median forecast in a Reuters poll of economists.
The Economic Activity Index (IBC-Br), released by the Banco Central do Brasil (BC) on Friday (16), showed an expansion of 0.3% in August, in comparison with the previous month. This was the first increase in the IBC-Br, from the Banco Central, in three months. The calculation is made after seasonal adjustment — that is, a way of comparing different periods. The result represents an improvement compared to July, when there was a contraction of 0.…
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.
Brasilia, Oct 16 (Latin Press) Brazil's economic activity grew 0.3 percent in August last compared to July, after going back the previous month, although the quarterly result showed a contraction, the Central Bank reported today. The post Report increased Brazilian economic activity in August first appeared on Noticias Prensa Latina.
The Brazilian economy grew again in August after starting the first quarter in the negative field. According to the Economic Activity Index (IBC-Br), of the Central Bank (BC), disclosed...
The economic activity index of the central bank, an indicator of gross domestic product, rose 0.34 per cent from the previous month
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