Friday , February 3 2023

BC: South economic activity in the fourth quarter of August amounted to 3.2% – Economics



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Economic activity in the southern region has increased by 3.2% in the fourth quarter of August and decreased by 1.3% in May compared to the end of May. Information on the Central Bank's Regional Bulletin, issued at Belo Horizonte on 20 September.

According to the Central Bank, "recovery in growth in the cargo sector after the recovery has been intense in the southern region, which has affected the increase in the volume of services in the financial sector and mainly the growth of industrial production."

The outcome of the quarter ending in the end of August for BC is "the intensity of the recovery process in the regional economy." "The short-term scenario indicates that the economic growth is continuing rather than expected at the beginning of the year," he said.

However, the bulletin warned that, despite the resumption of the post-strike strike, "business confidence indicators have not returned to pre-emptive levels that have a tendency to influence investment and contracting decisions."

"On the other hand, the evolution of the service in the coming months will be the absence of restrictions on delivery, given the high level of volatility of the credit market and the factors of production."

Today the Central Bank has issued a regional bulletin in Belo Horizonte in Minsk. The document analyzes the service coverage in the regions in August this year.

Last Friday, 16th year, BC (IBC-Br) across the country, showing a decline of 0.09% as of August. Until September 2017 the series increased without any correction by 0.72%.

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