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Brazil IBC-Br economic activity index up 1.06% in August - central bank

Credit: REUTERS/UESLEI MARCELINO

Economic activity in Brazil rose a seasonally-adjusted 1.06% in August, a central bank indicator showed on Thursday, less than the 1.6% forecast in a Reuters poll of economists.

BRASILIA, Oct 15 (Reuters) - Economic activity in Brazil rose a seasonally-adjusted 1.06% in August, a central bank indicator showed on Thursday, less than the 1.6% forecast in a Reuters poll of economists.

The central bank's IBC-Br economic activity index, a leading indicator of gross domestic product (GDP), was down 3.92% compared with the same month a year ago, down 3.09% on a cumulative 12-month basis, the central bank said.

(Reporting by Isabel Versiani and Jake Spring; editing by John Stonestreet)

((jake.spring@thomsonreuters.com; +55 61 99653-2429; Reuters Messaging: jake.spring.thomsonreuters.com@reuters.net / Twitter: https://twitter.com/jakespring))

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