Brazil's economic activity flat in May, below estimates

viernes 17 de julio de 2015 07:46 GYT
 

BRASILIA, July 17 (Reuters) - Economic activity in Brazil was practically flat in May from April, central bank data showed on Friday, below market estimates for a slight pick up.

The Brazilian central bank's IBC-Br economic activity index , a gauge of farming, industry and services activity, rose 0.03 percent in May. The indicator was expected to rise 0.2 percent in the month, according to a Reuters poll. (Reporting by Alonso Soto)