Brazil economic activity index rises 0.40 pct in Nov

SAO PAULO | Wed Jan 16, 2013 5:34am EST

SAO PAULO Jan 16 (Reuters) - The Brazilian central bank's IBC-Br economic activity index rose 0.40 percent in November from October in seasonally adjusted terms, the bank said on Wednesday.

The median estimate in a Reuters survey of 15 analysts was for a rise of 0.11 percent. Forecasts ranged from a drop of 0.40 percent to a rise of 0.60 percent.

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