January 16, 2020 / 12:12 PM / 13 days ago

Brazil economic activity +0.18% in November - central bank

BRASILIA, Jan 16 (Reuters) - Economic activity in Brazil rose in November, a central bank indicator showed on Thursday, the second monthly increase in a row and pointing to solid economic growth in the fourth quarter.

The central bank’s IBC-Br economic activity index, a leading indicator of gross domestic product (GDP), rose 0.18% in November from October, more than the 0.10% median estimate in a Reuters poll of economists.

Reporting by Jamie McGeever; editing by John Stonestreet

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