Brazil IBC-Br Rebounds In April

Brazil’s IBC-Br economic activity index rose 0.5% month-over-month in April 2026, rebounding from a 0.7% decline in the previous month and slightly below forecasts of 0.6%. Industrial activity increased 0.4% after a 0.2% drop in March, while services rose 0.3% following a 0.8% decline. The taxes index advanced 0.3% after falling 0.2% in the previous month. Meanwhile, the agriculture and livestock sector was flat after a 0.2% contraction in March. Excluding agriculture and livestock, the IBC-Br rose 0.4%.

Brazil’s IBC-Br economic activity index fell 0.7% month-on-month in March 2026, reversing a 0.6% increase in February and missing forecasts for a 0.2% decline. The services sector contracted 0.8% after expanding 0.3% in the previous month. Industrial activity and the agriculture and livestock sector both declined 0.2%, following gains of 1.2% and 0.2%, respectively, in February. The taxes index also fell 0.2% after rising 0.8% in the prior month. Excluding agriculture and livestock, the IBC-Br dropped 0.9% in March. On an annual basis, the index expanded 3.1%.

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.