GDP preview: IBC-Br down 0.43% in May

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Compared to the same month in 2020, the IBC-Br rose 14.21%, showing a gain of 1.07% in the 12-month period, according to observed figures.

O Central Bank Economic Activity Index (IBC-Br), flag of the Gross Domestic Product (GDP), registered a drop of 0.43% in May compared to the previous month, according to seasonally adjusted data released by the BC on Wednesday.

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The result was well below the expectation in a Reuters survey of 1.0% advance.

Compared to the same month in 2020, the IBC-Br rose 14.21%, showing a gain of 1.07% in the 12-month period, according to observed figures.

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palheta smll GDP preview: IBC-Br down 0.43% in May

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