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Economic Activity Due At 1300BST/0800ET

BRAZIL
  • Brazil’s central bank will publish its economic activity index known as IBC-Br for April at the top of the hour. Consensus looks for an increase of 0.20% on a monthly comparison, according to the median estimate in a Bloomberg survey, after a 0.15% decline in the prior reading. For reference, the index is seen as a monthly reference for the country’s GDP.
    • April Economic Activity M/m, est. 0.20%, prior -0.15%
    • April Economic Activity Y/y, est. 2.75%, prior 5.46%

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