Brazil's IBC-Br Economic Activity Index Hits 1-Year High

2026-03-16 12:21 By Isabela Couto 1 min. read

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.



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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.
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