Why We Should Master Bat

In Brazil, economic activity is growing year by more than 8%

index measured by the Central Bank and disclosed yesterday (17/11) rose 0.69% in September over the last twelve months, the increase reaches 8%.
The index stood at 140.16 points in September. In comparison with September 2009, which recorded 132.08 points, growth was equal to 6.12%.
From January to September, the index recorded an increase of 8.86%, while in the last 12 months, the expansion is equal to 8.03%.
The IBC-Br is a way of assessing the development of economic activities and is a basis for the decision of the Central Bank (BC) on the base interest rate, the Selic. The index includes and synthesizes information on the level of activity of economic sectors such as industry, agriculture and services.
The Monetary Policy Committee (Copom) of BC does not touch the base rate of interest when it is considered to be sufficient to create a balance between what that is produced, what is purchased and the prices. The committee may also reduce the Selic rate if the objective is to heat the consumer market and to stimulate the production and supply of services.
Otherwise, the option is to increase interest rates to encourage savings and to contain the expansion of consumption, which can generate inflation, the main concern of monetary authorities.