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LatinNews Regional Monitor: Brazil & Southern Cone - 16 July 2019

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In brief: Brazil

* Brazil’s central bank (BCB) has released the latest figures of its index for economic activity (IBC-Br), an indication of GDP growth, which grew 0.54% month-on-month in May. This is the first positive monthly advance of the IBC-Br since the start of the year. Economic activity in the rolling quarter to May shrank by 0.99%.