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Brazil economic activity index down 0.31 pct in November
January 17, 2014 / 10:42 AM / 4 years ago

Brazil economic activity index down 0.31 pct in November

BRASILIA, Jan 17 (Reuters) - The Brazilian central bank’s IBC-Br economic activity index declined 0.31 percent in November from October in seasonally adjusted terms, the bank said on Friday.

The median estimate in a Reuters survey of 17 analysts was for a decline of 0.1 percent.

The index, a gauge of activity in the farming, industry and services sectors, rose a non-seasonally adjusted 1.34 percent over the same month a year ago.

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