» Brazil’s Monthly Activity Indicator: How Positive? Decision Economics

Brazil’s Monthly Activity Indicator: How Positive?

Posted June 14, 2013 by rvillareal

  • The Brazilian central bank’s seasonally-adjusted monthly activity indicator (which tracks real GDP rather closely) rose 0.84 M/M during April, slightly above expectations, while posting a non-seasonally adjusted annual gain of 7.3% Y/Y.  This is a good report.  However, it only shows one side of the crosscurrents that are shaping the situation of the Brazilian economy.
    Not yet a Decision Economics member?  Click here to register for a FREE 30 day trial.  

    If you are already a member, click here to login.