The IBC-Br index of economic activity in Brazil rose by 0.34% from a month earlier in February of 2022, compared to a downwardly revised 0.73% drop in January but slightly below market expectations of a 0.50% increase. Growth was primarily driven by retail sales and industrial output, while the performance of the services sector came in below expectations. The Brazilian economy grew a non-seasonally adjusted 0.66% from a year earlier in February, compared to a 0.21% expansion in the previous month. source: Banco Central do Brasil
Leading Economic Index in Brazil averaged 0.15 percent from 2003 until 2022, reaching an all time high of 5.06 percent in June of 2020 and a record low of -9.92 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 June of 2022.
Leading Economic Index in Brazil is expected to be -0.70 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 0.80 percent in 2023 and 1.00 percent in 2024, according to our econometric models.