Brazil Economic Activity Contracts in December

2026-02-19 12:51 By Isabela Couto 1 min. read

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.



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