IBC-BR falls 0.28% in March 2019 versus February 2019

After retreating 0.98% in February, the Brazilian economy had a new low in March this year. The Central Bank's Economic Activity Index (IBC-Br) retreated 0.28% in March from February, in the seasonally adjusted series, the Brazilian Central Bank said today.

Companies with shares in the Bovespa also presented small results. Guararapes, a clothing retailer, did not perform well in the first quarter of 2019. Only companies such as Copel and Tupy had good results in the first quarter of 2019.