Economic activity Grows 0.2%

The Serasa Experian Indicator of economic activity (GDP) grew 0.2% in April/16, has already made the appropriate seasonal adjustments, it was the best monthly result since October/14. In comparison with the same month last year (April 15), there was 3.3% retracement on economic activity. In the first quarter, economic activity accumulates retraction of 4.9% in the first four months of last year. According to Serasa Experian''s economists, the monthly advance of 0.2% in the second quarter of this year is a sign that the economic downturn is showing its first signs of breakdown.