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The Central Bank’s monthly economic activity indicator (IBC-Br) expanded 0.82 percent month-on-month in December, slightly above market consensus. Figures for October and November were also revised upwards, bringing the quarterly result to December to 0.22 percent higher than the previous three-month period. The index, considered a reliable bellwether for the economy, points to a rebound
The post Brazil’s economic activity accelerated in December appeared first on The Brazilian Report.