Economy Grew By 0.8% In Brazil In September

2024-11-14 02:14:01

(MENAFN- Brazil-Arab News Agency (ANBA)) São Luís – Brazilian economic activity was up 0.8% in September from August according to the Economic Activity Index (IBC-Br) issued this Thursday (14) by the Brazilian Central Bank . The IBC-Br is considered a preview of the Gross Domestic Product (GDP) result.

The numbers are seasonally adjusted, meaning that seasonal fluctuations throughout the year are removed. The index was up 5.1% year-over-year in September.

Economic activity in Brazil was also up 1.1% from July to September. Year-over-year in Q3, activity picked up by 4.7%. The IBC-Br increased by 3% in the 12 months through September, and by 3.3% year-to-date through September.

Read more:
Brazil presents new climate target at COP29

Translated by
Gabriel Pomerancblum

©Cris Fraga/NurPhoto/AFP

The post Economy grew by 0.8% in Brazil in September appeared first on ANBA News Agency .

MENAFN14112024000213011057ID1108887586

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.