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February Economic Activity, March Unemployment Data Due

BRAZIL
  • The BCB will disclose economic activity index data for February, seen as a monthly reference for the country’s GDP. Expectations are for a monthly increase of 1.05%, according to the median estimate in a Bloomberg survey, after a 0.04% decline in January. Additionally, the March unemployment rate will also be published. Data will be disclosed at 1300BST/0800ET:
    • Feb. Economic Activity M/m, est. 1.05%, prior -0.04%
    • Feb. Economic Activity Y/y, est. 1.01%, prior 3.03%
    • March National Unemployment Rate, est. 8.9%, prior 8.6%
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