Brasília – The Brazilian Central Bank’s Economic Activity Index (IBC-Br) was down 0.02% in July from June, based on seasonally adjusted figures. The index was released this Monday (21st). It was the second straight monthly decline. In June from May, activity had dropped 0.73%. Out of the first seven months of the year, February and May were the only ones to see growth, respectively at 0.75% and 0.06%.<\/p>\n
In July from a year ago, activity dropped 4.25% based on non-adjusted numbers, since the comparison is between equal months. Year-to-date through July, economic activity dropped 2.74% from a year ago. In the 12 months ended July, the economy slowed down by 1.93% (non-adjusted data).<\/p>\n
The IBC-Br tracks the evolution of economic activity in the country on a monthly basis. The official economic performance indicator is the Gross Domestic Product (GDP), reported quarterly by the Brazilian Institute of Geography and Statistics (IBGE). As per a poll of the financial market, Brazil’s GDP is expected to shrink 2.7%, this year. <\/p>\n
*Translated by Gabriel Pomerancblum<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" The Brazilian economy slowed down month-on-month from June. In June from May, activity had declined by 0.73%, as per a Central Bank index that tracks the evolution of the economy.<\/p>\n","protected":false},"author":2315,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[],"class_list":{"0":"post-52105","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"The Brazilian economy slowed down month-on-month from June. In June from May, activity had declined by 0.73%, as per a Central Bank index that tracks the evolution of the economy.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/52105","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2315"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=52105"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/52105\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=52105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=52105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=52105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}