Brazil economic activity picks up in September

SAO PAULO — Economic activity in Brazil accelerated in September, closing the third quarter on the upswing and offering hope that the country’s long-struggling economy may be turning the corner.

The central bank’s IBC-Br economic activity index, a leading indicator of gross domestic product (GDP), rose 0.44% in September from August, well above 0.07% growth the month before.


By Jose de Castro via Financial Post


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