UPDATE 1-Brazil's economic activity grows unexpectedly in February

April 15, 2015 12:22 PM

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BRASILIA, April 15 (Reuters) - Brazilian economic activity grew unexpectedly in February from the previous month, central bank data showed on Wednesday, but economists said the increase was too small to dispel forecasts for a recession this year in Latin America's largest economy.

The Brazilian central bank's IBC-Br economic activity index , a gauge of farming, industry and services activity, rose a seasonally adjusted 0.36 percent from January, topping market expectations for a drop of 0.2 percent.

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