*Brazil’s central bank (BCB) has released its latest economy activity index (IBC-Br), used as a proxy to anticipate GDP figures, which showed that activity in September was up 0.8% in monthly terms and 5.1% year-on-year. This marks the second consecutive month in which the IBC-Br registered a monthly increase. Activity in the third quarter of 2024 was up 1.1% from the previous quarter and up 4.7% compared to Q3 2023. Economic activity for the 12 months until September 2024 was up 3.0% from the previous 12-month period.
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LatinNews Daily - 15 November 2024
In brief: Brazil’s economic activity up in September
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