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Brazil: IBC-Br is almost stable in September, but points to growth in the 3rd quarter

The Brazilian economy was practically stable in September, with a much weaker result than expected, but still ended the third quarter with expansion, according to data from the Central Bank.

The Central Bank's Economic Activity Index (IBC-Br) registered a positive change of 0.05% in September compared to the previous month, according to the seasonally adjusted data of the indicator, which is a GDP indicator.

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