Brazil Leading Economic IndexBrazil Leading Economic IndexBrazil Leading Economic Index

Brazil Leading Economic Index

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Key data points


Last release
Observation period
Aug 2024
Next release
Forecast
Highest
5.06% on Jun 30, 2020
Lowest
−9.92% on Apr 30, 2020

About Brazil Leading Economic Index


Category
Business
Frequency
Monthly
Units
%
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.