Brazil''s economy shrinks 0.51% in may

The brazilian economic activity retreated 0.51 percent in May compared to April, according to figures released by the Central Bank (Central Bank) on Thursday (14/7). The result came in worse than economists expectations Center heard by the Bloomberg Agency, which pointed backwards-0.20% on monthly comparison.
Compared to may 2015, the IBC-Br, Central Bank activity indicator, retreated 5.32%, above the median pointed to by Bloomberg, it was fall of 4.20%. In the year, the IBC-Br accumulates retraction of 6.26%, while in 12 months the indentation is slightly smaller, to 5.51 percent, according to seasonally adjusted data.
In April, the CENTRAL BANK had been stagnant in comparison with March, after accumulating 15 straight drops. The IBC-Br April was revised from 0.03% to 0.07%.
The BC indicator serves as a reference to assess the pace of the brazilian economy over the months. Among the data that influence your calculation are the monthly surveys of industry and trade of the IBGE.