RIO DE JANEIRO, BRAZIL - The Brazilian economy recorded a retraction of 0.13 percent in the second quarter of 2019, according to the Economic Activity Index (IBC-Br), a sort of "preview" of the Gross Domestic Product (GDP), released by the Central Bank (BC) on Monday, August 12th.
The 0.13 percent drop between April and June of this year was evidenced in comparison with the first quarter. The number was computed after seasonal adjustment.
As the economic activity index had already retreated 0.2 percent in the first three months of this year, against the last quarter of last . . .