Brazil economic activity shrinks in March, Q1 - central bank index
BRASILIA, May 15 (Reuters) - Brazilian economic activity fell in March, a
central bank indicator showed on Wednesday, adding weight to the view flagged
by policymakers earlier this week that the economy contracted in the first
The central bank’s IBC-BR economic activity index, a leading indicator
of gross domestic product (GDP), fell 0.28% in March from February, resulting
in a decline of 0.68% in the first three months of the year. (Reporting by
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