Economic activity up 0.89%

Brazil’s economy grew year-on-year in 2019, as per the Brazilian Central Bank’s Economic Activity Index.

Agência Brasil
pauta@ebc.com.br

Brasília – Brazil’s economy saw 0.89% growth in 2019, as per the Economic Activity Index (IBC-Br) released this Friday (14) by the Brazilian Central Bank. It was the third straight year of growth.

In Q4 from Q3, growth was 0.46% as per season-adjusted figures. Year-on-year in Q4, growth was 1.36%.

The IBC-Br comprises information on activity levels in the three sectors of economy – industry, trade and services, and agriculture, plus tax revenue numbers.

 

Translated by Gabriel Pomerancblum

Press Release

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