The IBC-Br index of economic activity in Brazil advanced 0.64 percent from a month earlier in December of 2020, slowing from an upwardly revised 0.68 percent expansion in November and compared with market expectations of a 0.4 percent rise. It was the weakest economic activity growth since a recovery began in May. Year-on-year, the Brazilian economy rose a non-seasonally adjusted 1.34 percent, the first increase since February, after a downwardly revised 0.81 percent contraction in the prior month. In 2020, economic activity in Brazil shrank 4.05 percent. source: Banco Central do Brasil
Leading Economic Index in Brazil averaged 0.16 percent from 2003 until 2020, reaching an all time high of 5.36 percent in June of 2020 and a record low of -9.51 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 February of 2021.
Leading Economic Index in Brazil is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Leading Economic Index in Brazil to stand at 0.80 in 12 months time. In the long-term, the Brazil IBC-Br Economic Activity Index is projected to trend around 1.00 percent in 2022, according to our econometric models.