Brazil: Economic activity falls in November

In November 2013, economic activity contracted 0.3% over the previous month in seasonally-adjusted terms according to the Central Bank’s monthly indicator for economic activity (IBC-Br, Indice de Atividade Economica do Banco Central). The figure contrasted the 0.7% expansion observed in October and was below market expectations of a 0.1% decrease.

Read more about Brazilian Economic Activity.

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