May 12, 2020 / 12:14 PM / 13 days ago

Brazil services activity falls a record 6.9% in March - IBGE

BRASILIA, May 12 (Reuters) - Services activity in Brazil shrank 6.9% in March, official figures showed on Tuesday, the biggest monthly fall on record and a stark indication of the economic damage wrought by the coronavirus crisis.

That was more than the 5.8% fall forecast in a Reuters poll of economists, although the 2.7% year-on-year decline shown in the figures from the IBGE statistics agency was less than the anticipated 4.1% fall. (Reporting by Jamie McGeever; Editing by Andrew Heavens)

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