May 15, 2020 / 12:15 PM / 11 days ago

Brazil IBC-Br economic activity index -5.9% in March, -1.95% in Q1 - central bank

BRASILIA, May 15 (Reuters) - Economic activity in Brazil fell 5.9% in March, a central bank indicator showed on Friday, less than the 6.95% fall forecast in a Reuters poll of economists.

The central bank’s IBC-Br economic activity index, a leading indicator of gross domestic product, fell 1.95% in the first quarter of the year, the central bank said. (Reporting by Jamie McGeever; Editing by Andrew Heavens)

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