Brazil’s economic activity grows less than expected in February

According to data released by the Brazilian Central Bank, the IBC-Br economic activity index, a leading indicator of GDP, rose 0.34% in February from the previous month and below the 0.5% increase expected by economists.

RIO DE JANEIRO, BRAZIL - According to data released on May 2 by the Brazilian Central Bank, Brazil's economic activity resumed growth in February but was slower than expected.

According to a Reuters poll, the IBC-Br economic activity index, a leading indicator of Gross Domestic Product, rose 0.34% in February from the . . .

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