Brazil's economic activity rises 3.8% in 2024
ReutersFeb 17, 2025 12:03 PM
BRASILIA, Feb 17 (Reuters) - Economic activity in Brazil rose 3.8% in 2024, central bank data showed on Monday, marking another year of growth that consistently outperformed expectations in Latin America's largest economy.
The result followed a seasonally adjusted 0.7% drop in the IBC-Br index in December from the previous month.
The index, a leading indicator of gross domestic product (GDP), had been expected to shrink by 0.4%, according to economists polled by Reuters.
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