Brazil Leading Economic Index

Last Release

Jan 31, 2025

Actual

0.9

Units In

-0.7

Frequency

Monthly

Next Release

Apr 11, 2025

Time to Release

23 Days 11 Hours

Highest	Lowest	Average	Date Range	Source
5.06 Jun 2020	-9.92 Apr 2020	0.15 %	2003-2025	N/A

In Brazil, the Economic Activity Index (IBC-Br) is considered as a preview of the GDP figures and it is widely used by the Central Bank's Monetary Policy Committee to determine whether to modify basic interest rate. The index reflects the performance of the three main sectors of the economy: agriculture, industry and services and has a base value of 100 as of 2002.

Latest Updates

The IBC-Br Index of Economic Activity in Brazil, a leading indicator of output growth, rose 0.9% month-over-month in January 2025, rebounding from an upwardly revised 0.6% fall in December, and beating forecasts of a 0.22% gain. It is also the biggest reading in seven months. From the previous year, the IBC-Br index was 3.6% higher. The Brazilian economy grew by 0.2% quarter-on-quarter in Q4 2024, falling short of market expectations of 0.5%. The central bank's economic policy director said it was still too early to establish a clear trend of cooling activity, pointing to 'mixed data' this year, with strength in some indicators.