18 Feb 2020 Brazil's Momentum Slowed in Late Q4, but it Will Rebound in Q2

Andres Abadia (Senior International Economist)17th Feb 2020 18:10Latin America, Economic Monitor

Brazil's December economic activity index, released last week, showed that the economy ended the year on a relatively weak footing. The IBC-Br index, a monthly proxy for GDP, fell 0.3% month- to-month, pushing down the adjusted year-over- year rate to 0.3%, from a downwardly-revised 0.7% increase in November.

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