Brazil’s Economic Activity Index Down 0.34% in March, Below Expectations

The Brazilian Central Bank’s Economic Activity Index (IBC-Br) revealed an unexpected drop in March 2024, surprising analysts. The index fell by 0.34% compared to February. This decline followed a 0.40% increase in February. The Central Bank released this data on Wednesday. Analysts had predicted a smaller decline of 0.30%. This surprise raised concerns about the […]