Brazil Leading Economic Index

Last Release

Feb 28, 2025

Actual

0.4

Units In

0.9

Frequency

Monthly

Next Release

May 19, 2025

Time to Release

1 Months 5 Days 14 Hours

Highest	Lowest	Average	Date Range	Source
5.06 Jun 2020	-9.92 Apr 2020	0.16 %	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 key proxy for GDP, rose 0.4% month-over-month in February 2025, following a 0.9% increase in January and beating market expectations of a 0.2% gain. The agriculture sector was the standout performer, surging 5.6% and accounting for the bulk of the expansion. However, excluding agriculture, overall activity declined by 0.2%. Meanwhile, the services sector edged up 0.2%, while industrial output contracted by 0.8%. Despite marking a second consecutive month of growth, the data indicates a deceleration in economic momentum compared to the previous month. On an annual basis, the IBC-Br index advanced 4.1%, while the 12-month rolling gain stood at 3.8%.