Brazil’s Economy Grows in May, Though Below Expectations

In May 2024, Brazil’s economy recorded a 0.25% growth, as reported by the Central Bank’s Economic Activity Index (IBC-Br), a critical indicator of GDP performance. This uptick follows a nearly flat April, where growth was a mere 0.01%. Annually, the increase stands at 1.30% compared to May 2023. From January to May, the economy expanded […]