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Monday, February 19, 2018

Brazilian economic activity grew by 1.04 percent in 2017

Brazilian economic activity grew by 1.04% in 2017 compared to last year, that points to the actual fact that the South american country overcame the deep recession it faced between 2015 and 2016, in line with the indicator released nowadays by the Central Bank.



The Index of Economic Activity of the Central Bank (IBC-Br), that the entity uses to anticipate the results of the Gross Domestic Product (GDP), confirmed the forecasts created by the government and also the monetary market that Brazil expanded last year. around 1.0%.

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