Brazil economic activity index drops 0.18 pct in May -central bank
BRASILIA, July 17
BRASILIA, July 17 (Reuters) - The Brazilian central bank's IBC-Br economic activity index dropped 0.18 percent in May from April in seasonally adjusted terms, the bank said on Thursday.
The median estimate in a Reuters survey of 18 analysts was for a 0.5 percent drop.
The index, a gauge of activity in the farming, industry and services sectors, dropped a non-seasonally adjusted 0.17 percent over the same month a year ago. (Reporting by Silvio Cascione Editing by W Simon)