Brazil's IBC-Br economic activity index rose 0.6% month-on-month in February 2026, following a 0.8% gain in January and largely in line with forecasts of 0.5%. The industrial sector led expansion, up 1.2% after a 0.4% rise in January, followed by the taxes index, up 0.8% after a 0.5% gain. Agriculture and livestock rebounded 0.2% after contracting 1.5% in January, while the services sector rose 0.3% following a 0.8% gain. On an annual basis, the index contracted 1.3% in February. source: Banco Central do Brasil

Leading Economic Index Brazil increased 0.60 percent in February of 2026 over the same month in the previous year. Leading Economic Index in Brazil averaged 0.17 percent from 2003 until 2026, reaching an all time high of 4.40 percent in June of 2020 and a record low of -9.00 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 April of 2026.

Leading Economic Index Brazil increased 0.60 percent in February of 2026 over the same month in the previous year. Leading Economic Index in Brazil is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil IBC-Br Economic Activity Index is projected to trend around 0.50 percent in 2027 and 0.40 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-03-16 12:00 PM
IBC-BR Economic Activity
Jan 0.8% -0.2% 0.85% 0.7%
2026-04-16 12:00 PM
IBC-BR Economic Activity
Feb 0.6% 0.8% 0.5% 0.5%
2026-05-19 12:00 PM
IBC-BR Economic Activity
Mar 0.6% 0.9%


Related Last Previous Unit Reference
Business Confidence 45.20 46.60 points Apr 2026
Capacity Utilization 77.30 77.50 percent Feb 2026
Car Production MoM 264000.00 204300.00 Units Mar 2026
New Car Registrations MoM 269500.00 185200.00 Units Mar 2026
Changes in Inventories -113828.00 16607.34 BRL Million Dec 2025
Composite Leading Indicator 103.85 103.51 points Mar 2026
Corruption Index 35.00 34.00 Points Dec 2025
Corruption Rank 107.00 107.00 Dec 2025
Industrial Production YoY -0.70 0.20 percent Feb 2026
Industrial Production MoM 0.90 2.10 percent Feb 2026
IBC-BR Economic Activity 0.60 0.80 percent Feb 2026
Manufacturing Production -2.60 -1.80 percent Feb 2026
Mining Production 10.20 11.80 percent Feb 2026
Small Business Sentiment 47.90 47.90 points Jan 2026
Steel Production 2800.00 2500.00 Thousand Tonnes Mar 2026
Total Vehicle Sales 206375.00 140537.00 Units Mar 2026


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.
Actual Previous Highest Lowest Dates Unit Frequency
0.60 0.80 4.40 -9.00 2003 - 2026 percent Monthly
2022=100, SA

News Stream
Brazil Economic Activity Expands for Second Straight Month
Brazil's IBC-Br economic activity index rose 0.6% month-on-month in February 2026, following a 0.8% gain in January and largely in line with forecasts of 0.5%. The industrial sector led expansion, up 1.2% after a 0.4% rise in January, followed by the taxes index, up 0.8% after a 0.5% gain. Agriculture and livestock rebounded 0.2% after contracting 1.5% in January, while the services sector rose 0.3% following a 0.8% gain. On an annual basis, the index contracted 1.3% in February.
2026-04-16
Brazil's IBC-Br Economic Activity Index Hits 1-Year High
Brazil's IBC-Br economic activity index rose 0.8% month-on-month in January 2026, following a 0.2% decline in December and largely in line with forecasts of 0.85%, marking the sharpest monthly increase in a year. The services sector expanded 0.8%, rebounding from a 0.3% drop in the prior month, while industrial activities grew 0.4%, following a 0.3% rise. The taxes index also edged up 0.5%. In contrast, the agriculture and livestock sector contracted 1.5% after a 2.3% expansion in December. Excluding agriculture and livestock, the IBC-Br expanded 0.9%. On a non-seasonally adjusted basis, the index rose 1.0% year-on-year.
2026-03-16
Brazil Economic Activity Contracts in December
Brazil’s IBC-Br economic activity index fell 0.2% month-on-month in December 2025, after rising 0.7% in November, but performed better than expectations of a 0.5% contraction. This marked the sharpest monthly decline since July. The drop was driven by services, which fell 0.3% after a 0.6% increase in November. Meanwhile, agriculture and livestock expanded 2.3%, rebounding from a 0.3% decline, and industrial output rose 0.3%, following a 0.8% gain in the previous month. On a non-seasonally adjusted basis, the index increased 3.1% year-on-year in December.
2026-02-19