The IBC-Br index of economic activity in Brazil declined 0.43 percent from a month earlier in May of 2021, reversing from an upwardly revised 0.85 percent increase in April and missing market expectations of a 1.00 percent gain. It was the second drop in economic activity since April of 2020, as the country continued to struggle with the pandemic, which reached its third deadliest month in May. Considering the March-May period, the index went down 0.3 percent from the previous 3-month period. Year-on-year, the Brazilian economy advanced a non-seasonally adjusted 14.21 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 5.19 percent in June of 2020 and a record low of -9.50 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 July 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 0.80 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
-0.43 0.85 5.19 -9.50 2003 - 2021 percent Monthly
SA 2002=100


Calendar GMT Actual Previous Consensus TEForecast
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 0.44% -1.61% 0.55% 2.1%
2021-07-14 12:00 PM May -0.43% 0.85% 1% 1.1%
2021-08-13 12:00 PM Jun -0.43%
2021-09-15 12:00 PM Jul
2021-10-15 12:00 PM Aug
2021-11-16 12:00 PM Sep


News Stream
Brazil Economic Activity Unexpectedly Shrinks
The IBC-Br index of economic activity in Brazil declined 0.43 percent from a month earlier in May of 2021, reversing from an upwardly revised 0.85 percent increase in April and missing market expectations of a 1 percent gain. It was the second drop in economic activity since April of 2020, as the country continued to struggle with the pandemic, which reached its third deadliest month in May. Considering the March-May period, the index went down 0.3 percent from the previous 3-month period. Year-on-year, the Brazilian economy advanced a non-seasonally adjusted 14.21 percent.
2021-07-14
Brazil Economic Activity Rebounds Less than Expected
The IBC-Br index of economic activity in Brazil rose 0.44 percent from a month earlier in April of 2021, compared to an upwardly revised 1.61 percent decline in March and defying market expectations of a 0.55 percent expansion. Year-on-year, the Brazilian economy advanced a non-seasonally adjusted 15.29 percent, largely due to a low base comparison from the previous year when the first signs of the Covid-19 crisis began to be felt.
2021-06-14
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 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.