The IBC-Br index of economic activity in Brazil fell 0.15 percent from a month earlier in August of 2021, compared to a downwardly revised 0.23 percent increase in July and worse than market expectations of a 0.05 percent decrease. It was the first drop after two consecutive months of growing economic activity. Year-on-year, the Brazilian economy advanced a non-seasonally adjusted 4.7 percent, slowing from a 5.4 percent growth in the previous month, as the effects of a low base started to vanish. Considering the quarter ended in July, economic activity in Brazil expanded 6.3 percent (vs 9.3 percent in July) compared to the same period a year ago source: Banco Central do Brasil
Leading Economic Index in Brazil averaged 0.16 percent from 2003 until 2021, reaching an all time high of 4.94 percent in June of 2020 and a record low of -9.89 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 2021.
Leading Economic Index in Brazil is expected to be 0.60 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 2022 and 1.00 percent in 2023, according to our econometric models.