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The IBC-Br index of economic activity in Brazil was down by 0.11% from a month earlier in May of 2022, following an upwardly revised 0.64% decrease in the previous month. It marks the second consecutive month of economic downturn, as both retail sales and industrial output growth came below market estimates in May, while services activity rose much more than expected. source: Banco Central do Brasil
Leading Economic Index in Brazil averaged 0.16 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 July of 2022.
Leading Economic Index in Brazil is expected to be -0.50 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.
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