“GDP preview”: IBC-BR records high 0.9% in January, says BC

by Andrea
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The Central Bank Economic Activity Index (IBC-BR), flagship of Gross Domestic Product (GDP), registered high 0.90% In January compared to the previous month, according to data released by the BC on Monday (17).

The expectation in Reuters research for the month’s result was a rise of 0.22%.

The IBC-BR is built based on proxies representing the volume rates of agriculture, industry and service sector, as well as the tax volume index on production.

*Update

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