Brazil’s IBC-Br economic activity index fell 0.2% in July 2026 from June, following a 0.6% decline in June and slightly below forecasts for a 0.1% decrease. The decline was driven by a 1.2% contraction in the agriculture and livestock sector, following a 1% increase in the previous month. The industrial sector contracted 0.4%, while the taxes index fell 0.2%, after declining 1% in June. Excluding agriculture and livestock, the IBC-Br fell 0.1%. On an annual basis, economic activity expanded 1.1%. source: Banco Central do Brasil

Leading Economic Index Brazil decreased 0.20 percent in July of 2026 over the same month in the previous year. Leading Economic Index in Brazil averaged 0.16 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 October of 2026.

Leading Economic Index Brazil decreased 0.20 percent in July of 2026 over the same month in the previous year. Leading Economic Index in Brazil is expected to be -0.10 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 0.60 percent in 2027 and 0.40 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-17 12:00 PM
IBC-BR Economic Activity
Jun -0.6% 0.1% -0.5% -0.4%
2026-09-16 12:00 PM
IBC-BR Economic Activity
Jul -0.2% -0.6% -0.1% 0.0%
2026-10-16 12:00 PM
IBC-BR Economic Activity
Aug -0.2% 0.5%


Related Last Previous Unit Reference
Business Confidence 44.90 46.30 points Sep 2026
Capacity Utilization 77.40 77.30 percent Jul 2026
Car Production MoM 271200.00 253860.00 Units Aug 2026
New Car Registrations MoM 275100.00 279544.00 Units Aug 2026
Changes in Inventories 51550.00 73060.00 BRL Million Jun 2026
Composite Leading Indicator 102.63 102.94 points Aug 2026
Corruption Index 35.00 34.00 Points Dec 2025
Corruption Rank 107.00 107.00 Dec 2025
Industrial Production YoY -1.20 -0.50 percent Aug 2026
Industrial Production MoM -0.60 0.10 percent Aug 2026
IBC-BR Economic Activity -0.20 -0.60 percent Jul 2026
Manufacturing Production -1.80 -1.00 percent Aug 2026
Mining Production 2.40 2.50 percent Aug 2026
Small Business Sentiment 46.20 46.30 points Jul 2026
Steel Production 2700.00 2800.00 Thousand Tonnes Aug 2026
Total Vehicle Sales 212691.00 212879.00 Units Jul 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
-0.20 -0.60 4.40 -9.00 2003 - 2026 percent Monthly
2022=100, SA

News Stream
Brazil Economic Activity Contracts in July
Brazil’s IBC-Br economic activity index fell 0.2% in July 2026 from June, following a 0.6% decline in June and slightly below forecasts for a 0.1% decrease. The decline was driven by a 1.2% contraction in the agriculture and livestock sector, following a 1% increase in the previous month. The industrial sector contracted 0.4%, while the taxes index fell 0.2%, after declining 1% in June. Excluding agriculture and livestock, the IBC-Br fell 0.1%. On an annual basis, economic activity expanded 1.1%.
2026-09-16
Brazil IBC-Br Contracts in June
Brazil’s IBC-Br economic activity index fell 0.6% in June 2026 from May, reversing a 0.1% gain in the prior month and slightly below forecasts for a 0.5% drop. The decline was driven by a 1.4% contraction in the industrial sector following a 0.4% increase in May. Services activity also fell 0.5% after rising 0.1% in the previous month. The taxes index declined 1% following a 0.1% increase. Meanwhile, the agriculture and livestock sector rebounded 1% after falling 1% in May. Excluding agriculture and livestock, the IBC-Br fell 0.9% in June. On an annual basis, economic activity expanded 2.4%. The IBC-Br rose 0.2% quarter-on-quarter in Q2, bringing growth over the past 12 months to 1.5%.
2026-08-17
Brazil's IBC-Br Growth Slows in May
Brazil’s IBC-Br economic activity index rose 0.1% month-over-month in May 2026, easing from a 0.5% increase in the previous month but slightly above forecasts for a flat reading. Industrial activity increased 0.4%, matching April's pace, while services rose 0.1% after a 0.3% increase in the previous month. Likewise, the taxes index advanced 0.1% following a 0.3% rise in April. Meanwhile, the agriculture and livestock sector contracted 1.0% after posting a flat reading in April. Excluding agriculture and livestock, the IBC-Br rose 0.2% in May.
2026-07-17