October 17, 2018 / 11:56 AM / a month ago

Brazil Aug economic activity up more than expected

BRASILIA, Oct 17 (Reuters) - Economic activity in Brazil expanded faster than expected in August, the central bank said on Wednesday, suggesting increased economic impetus ahead of the most pivotal election in decades.

The central bank’s economic activity index rose 0.47 percent from July, compared to the median 0.25 percent forecast in a Reuters poll of economists. (Reporting by Bruno Federowski)

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