Brazil's current account gap $5.736 bln in March

miércoles 22 de abril de 2015 09:44 GYT
 

BRASILIA, April 22 (Reuters) - Brazil posted a current account deficit of $5.736 billion in March, above market expectations for an external gap of $5 billion, central bank data showed on Wednesday.

In the 12 months through March, the current account deficit was equivalent to 4.54 percent of Brazil's gross domestic product. Changes in methodology to calculate the current account deficit pushed up the 12-month gap, the bank said.

In the 12 months through February, the current account deficit was revised up to 4.50 percent from the previous 4.22 percent. (Reporting by Alonso Soto and Marcela Ayres; Editing by Chizu Nomiyama)