The IBC-Br index of economic activity in Brazil fell 1.59 percent from a month earlier in March of 2021, reversing from an upwardly revised 1.89 percent expansion in February but less than market expectations of a 3.75 percent contraction. It was the first drop in economic activity since April of 2020, and the eighth largest since the series began in 2003, due to lockdowns to counter resurging coronavirus infections. Considering the January-March period, the index rose 2.3 percent from the last quarter of 2020, pushing away fears of an economic contraction in the first quarter of 2021. Year-on-year, the Brazilian economy advanced a non-seasonally adjusted 6.26 percent. source: Banco Central do Brasil

Leading Economic Index in Brazil averaged 0.16 percent from 2003 until 2021, reaching an all time high of 5.33 percent in June of 2020 and a record low of -9.14 percent in April of 2020. This page provides the latest reported value for - Brazil Leading Economic Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Brazil IBC-Br Economic Activity Index - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.

Leading Economic Index in Brazil is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Leading Economic Index in Brazil to stand at 1.00 in 12 months time. In the long-term, the Brazil IBC-Br Economic Activity Index is projected to trend around 1.00 percent in 2022, according to our econometric models.

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Brazil IBC-Br Economic Activity Index

Actual Previous Highest Lowest Dates Unit Frequency
-1.59 1.89 5.33 -9.14 2003 - 2021 percent Monthly
SA 2002=100


Calendar GMT Actual Previous Consensus TEForecast
2021-02-12 12:00 PM Dec 0.64% 0.68% 0.4% 0.4%
2021-03-15 12:00 PM Jan 1.04% 0.71% 0.4% 0.5%
2021-04-19 12:00 PM Feb 1.7% 1.25% -2.5%
2021-05-13 12:00 PM Mar -1.59% 1.89% -3.75% -4%
2021-06-14 12:00 PM Apr -1.59%
2021-07-14 12:00 PM May
2021-08-13 12:00 PM Jun
2021-09-15 12:00 PM Jul


News Stream
Brazil Economic Activity Falls for 1st Time in a Year
The IBC-Br index of economic activity in Brazil fell 1.59 percent from a month earlier in March of 2021, reversing from an upwardly revised 1.89 percent expansion in February but less than market expectations of a 3.75 percent contraction. It was the first drop in economic activity since April of 2020, and the eighth largest since the series began in 2003, due to lockdowns to counter resurging coronavirus infections. Considering the January-March period, the index rose 2.3 percent from the last quarter of 2020, pushing away fears of an economic contraction in the first quarter of 2021. Year-on-year, the Brazilian economy advanced a non-seasonally adjusted 6.26 percent.
2021-05-13
Brazil Economic Activity Expands the Most in 7 Months
The IBC-Br index of economic activity in Brazil advanced 1.7 percent from a month earlier in February of 2021, accelerating from an upwardly revised 1.25 percent expansion in January. It was the strongest pace of economic activity growth since July 2020 despite a surge in coronavirus cases. Year-on-year, the Brazilian economy advanced a non-seasonally adjusted 0.98 percent.
2021-04-19
Brazil Economic Activity Growth at 4-Month High
The IBC-Br index of economic activity in Brazil advanced 1.04 percent from a month earlier in January of 2021, accelerating from an upwardly revised 0.71 percent expansion in December and above market expectations of a 0.4 percent rise. It was the strongest pace of economic activity growth since September 2020 despite a surge in coronavirus cases. Year-on-year, the Brazilian economy shrank a non-seasonally adjusted 0.46 percent.
2021-03-15
Brazil Economic Activity Rises the Least in 8 Months
The IBC-Br index of economic activity in Brazil advanced 0.64 percent from a month earlier in December of 2020, slowing from an upwardly revised 0.68 percent expansion in November and compared with market expectations of a 0.4 percent rise. It was the weakest growth since a recovery began in May. Year-on-year, the Brazilian economy rose a non-seasonally adjusted 1.34 percent, the first increase since February, after a downwardly revised 0.81 percent contraction in the prior month. In 2020, economic activity in Brazil shrank 4.05 percent.
2021-02-12

Brazil IBC-Br Economic Activity Index
In Brazil, the Economic Activity Index (IBC-Br) is considered as a preview of the GDP figures and it is widely used by the Central Bank's Monetary Policy Committee to determine whether to modify basic interest rate. The index reflects the performance of the three main sectors of the economy: agriculture, industry and services and has a base value of 100 as of 2002.