Brazil's economic activity rises 0.4pc in Sept

17 Nov, 2014

BRASILIA: The Brazilian central bank's IBC-Br economic activity index rose 0.40 percent in September from August in seasonally adjusted terms, the bank said on Monday.

The median estimate in a Reuters survey of 18 analysts was for a 0.14 percent increase.

Economic activity in the third quarter rose a seasonally-adjusted 0.6 percent from the second quarter.

The IBC-Br index, a gauge of activity in the farming, industry and services sectors, rose a non-seasonally adjusted 0.92 percent over the same month a year ago.

Copyright Reuters, 2014

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