RIO DE JANEIRO, BRAZIL - The Economic Activity Index (IBC-Br) posted a 0.33% increase in December 2021, according to data released yesterday, February 11, by the Brazilian Central Bank.
The authority reported that, compared to December 2020, the index rose by 1.30%, considering seasonally adjusted data. The rate reached 139.73 points. In the year to date, the IBC-Br stood at 4.5%.
Considered a preview of the Gross Domestic Product (GDP), the index is a means of assessing the development of Brazilian economic activity and helps the Central Bank to make decisions on the benchmark interest . . .