Brazil's economic activity drops 0.63 pct in October - c.bank
BRASILIA Dec 18 (Reuters) - A gauge of economic activity in Brazil fell at a faster-than-expected pace in October on a seasonally adjusted basis, official data showed on Wednesday.
The Brazilian central bank's IBC-Br economic activity index fell 0.63 percent in October from the prior month, the bank said. A Reuters survey of 18 analysts forecast a 0.50 percent decline in the indicator, a gauge of activity in the farming, industry and services sectors. (Reporting by Silvio Cascione; Editing by Janet Lawrence)
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