Tag: IBC-Br
By Mary Carroll, Contributing Reporter
RIO DE JANEIRO, BRAZIL – In August, the Central Bank’s Economic Activity Index (IBC-Br) registered the fifth consecutive rise in GDP, a 0.98 percent increase in comparison with the month of July. It is the...
By Sarah de Sainte Croix, Senior Contributing Reporter
RIO DE JANEIRO, BRAZIL – According to Central Bank statistics, the Brazilian economy is entering a phase of decline. Economists fear that the problems in the eurozone and in the U.S. are...