Reuters: US Dollar Report: Brazil March economic activity up 0.72 pct vs February

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Brazil March economic activity up 0.72 pct vs February May 16th 2013, 11:36 SAO PAULO | Thu May 16, 2013 7:36am EDT SAO PAULO May 16 (Reuters) - The Brazilian central bank's IBC-Br economic activity index rose 0.72 percent in March from February in seasonally adjusted terms, the bank said on Thursday. The median estimate in a Reuters survey of 24 analysts, conducted before the government reported a slight drop in retail sales in March, was for a rise of 0.70 percent. The index, a gauge of activity in the farming, manufacturing and services sectors, rose a non-seasonally adjusted 1.16 percent over the same month a year ago.

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