Brazil Economic Activity August 2018


Brazil: Economic activity eases in August

October 17, 2018

In August, economic activity increased 0.5% from the previous month in seasonally-adjusted terms, according to the Central Bank’s monthly indicator for economic activity (IBC-Br, Indice de Atividade Economica do Banco Central). The result was below July’s 0.7% rise but beat market analysts’ expectations of a softer 0.3% increase.

On an annual basis, economic activity grew 2.5% in August unchanged from July’s reading. Annual average growth in economic activity, however, inched up from 1.4% in July to 1.5% in August.

The analysts surveyed for this month’s LatinFocus Consensus Forecast expect the economy to grow 2.3% in 2019, which is unchanged from last month’s estimate. For 2020, the panel of analysts sees GDP rising 2.5%.


Sample Report

Looking for forecasts related to Economic Activity in Brazil? Download a sample report now.


Brazil Economic Activity Chart

Brazil Economic Activity August 2018

Note: Month-on-month changes of seasonally adjusted IBC-Br (Indice de Atividade Economica do Banco Central) and annual average growth rate in %.
Source: Central Bank of Brazil.

Brazil Economic News

More news

Search form