The Economic Activity Index (IBC-Br), considered a signal of the Gross Domestic Product (GDP), fell by 0.2% in September compared to the previous month, according to seasonally adjusted data released by the Central Bank on Monday (17).
The result was worse than the 0.10% decrease forecasted in a Reuters survey. In the third quarter, activity shrank by 0.9% compared to the immediate previous three months. When compared to September 2024, the indicator showed a 2.0% increase, with a 3.0% growth over 12 months.
More information coming soon.
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