July 14, 2017 / 11:46 AM / a year ago

Brazil's May economic activity index surprisingly falls as recovery seesaws

SAO PAULO, July 14 (Reuters) - Economic activity in Brazil fell in May for the second month in three, adding to mixed signals about the emergence of Latin America’s largest economy from a long and harsh recession.

The so-called IBC-BR index, a gauge of manufacturing and services activity, fell 0.51 percent from April after seasonal adjustments, the central bank said on Friday. Economists surveyed by Thomson Reuters expected a median increase of 0.50 percent in the index.

Reporting by Guillermo Parra-Bernal; Editing by Chizu Nomiyama

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below