Brazil economic activity up 0.42 pct in July from June

SAO PAULO, Sept 14 Fri Sep 14, 2012 7:35am EDT

SAO PAULO, Sept 14 (Reuters) - The Brazilian central bank's IBC-Br economic activity index rose 0.42 percent in July from June in seasonally adjusted terms, the bank said on Friday.

The median estimate in a Reuters survey of 12 analysts was for a rise of 0.30 percent. Forecasts ranged from 0.2 percent to 0.6 percent gain.

The index gained a revised 0.61 percent in June.