Unemployment in Brazil
Brazil - UnemploymentAfter GDP plunged at a record pace in Q2, the economy likely rebounded in Q3. Activity in the goods sector seemingly bounced back, with industrial production growing strongly in the quarter and retail sales climbing in July–August, bolstered by the emergency pandemic payments. Moreover, the manufacturing PMI remained firmly in expansionary territory in Q3, while confidence in the industrial sector rebounded in September. Turning to Q4, incoming data paints a mixed picture. Both the manufacturing PMI and business confidence hit new record highs in October, boding well for investment. However, consumer sentiment turned more pessimistic in the same month, hinting that the recovery could be losing momentum. In other news, on 3 November, the Senate passed the central bank autonomy bill, which would limit political interference in monetary policy. The bill still requires approval from the lower house of Congress, however.
Brazil - Unemployment Data
5 years of economic forecasts for more than 30 economic indicators.
Brazil Unemployment Chart
Source: Brazil Institute of Geography and Statistics.
|Bond Yield||6.79||-0.82 %||Dec 31|
|Exchange Rate||4.02||-0.13 %||Jan 01|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
June 9, 2021
Consumer prices increased a seasonally-adjusted 0.83% over the previous month in May, accelerating from the 0.31% rise logged in April.
June 8, 2021
Retail sales grew 1.8% month-on-month in seasonally-adjusted terms in April (March: -1.1% mom).
June 2, 2021
Industrial output decreased 1.3% in month-on-month seasonally-adjusted terms in April, a softer fall than March's 2.2%.
June 1, 2021
The IHS Markit Manufacturing Purchasing Managers’ Index (PMI) rose to 53.7 in May from April's 52.3.
June 1, 2021
GDP growth lost steam in the first quarter amid a renewed rise in Covid-19 cases, slowing to 1.2% on a seasonally-adjusted quarter-on-quarter basis from 3.2% in Q4 2020.