The city on the beach in Brazil

Brazil Economic Activity March 2019

Brazil: Economic activity drops again in March

In March, economic activity decreased 0.3% in seasonally-adjusted month-on-month terms, according to the Central Bank’s monthly indicator for economic activity. The result followed February’s revised 1.0% drop (previously reported: -0.7% month-on-month) and marked the third consecutive fall. Moreover, the weak print capped off a poor first quarter for the Brazilian economy and signals that GDP could have contracted on a sequential basis.

On an annual basis, economic activity plunged 2.5% in March, notably contrasting February’s revised 2.4% increase (previously reported: +2.5% year-on-year). Annual average growth in economic activity inched down from February’s 1.2% to 1.1% in March.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest