Back

LatinNews Daily - 16 March 2021

In brief: Brazil sees positive monthly activity in January

* Brazil’s central bank (BCB) has released the latest figures for the monthly index of economic activity (IBC-Br), according to which economic activity grew 1.04% in January, compared with December 2020. In year-on-year terms, the January IBC-Br saw a -0.46% variation, while in the 12 months to January, the IBC-Br fell by 4.04%. Brazil’s GDP contracted 4.1% last year as a result of the coronavirus (Covid-19) pandemic, and is expected to recover with a 3.23% rebound this year according to the BCB’s latest Focus bulletin, a weekly survey of market analysts.  

End of preview - This article contains approximately 95 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.