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    LatAm Daily | Brazilian economic activity contracted again in February

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    Published on Monday, April 25, 2016

    LatAm Daily | Brazilian economic activity contracted again in February

    The IBC-BR decreased by 0.3% MoM in February, the fourteenth decline in a row. This figure reinforces our view that the recession is not over yet and that GDP will contract again in 1Q16, although not as sharply as in the last quarters.

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