Central Bank of Brazil IBC-Br Economic Activity

Country:
Brazil
BRL, Brazilian real
Sector:
Business
Low -5.9% 0.02%
0.32%
Last release Importance Actual Forecast
Previous
0.12%
-5.9%
Next release Actual Forecast
Previous
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The Index of Economic Activity of the Central Bank of Brazil (IBC-Br) is an indicator developed as a preliminary for the Gross Domestic Product (GDP) of the country. In this sense, it is a thermometer for the economy, where the Central Bank of Brazil uses this index as a tool to define the basic interest rate (Selic Rate) of the Brazilian economy.

This index includes growth estimates for the agricultural, industrial and service sectors, considering the evolution of the total production supply, together with import products, and also the taxes approved by the government and the national congress.

IBC-Br and the Gross Domestic Product (GDP) are indicators that measure economic activity, where IBC-Br reflects the GDP slope, but not necessarily a forecast, since they present very significant differences in relation to their calculation methodologies. The differences between the two indicators are reflected in the final results.

IBC-Br reflects the behavior of the economic activity, guiding the policy of inflation control by the Monetary Policy Committee (COPOM). GDP is calculated by the Brazilian Institute of Geography and Statistics (IBGE) from the sum of the goods and services produced in Brazil. The higher the IBC-Br index, the better the economy of Brazil is, increasing the value of the Brazilian real.

Last values:

actual data

forecast

The chart of the entire available history of the "Central Bank of Brazil IBC-Br Economic Activity" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
Mar 2020
-5.9%
0.02%
0.32%
Feb 2020
0.35%
-0.02%
-0.01%
Jan 2020
0.24%
0.0%
-0.38%
Dec 2019
-0.27%
0.01%
-0.11%
Nov 2019
0.18%
-0.25%
0.09%
Oct 2019
0.17%
0.29%
0.48%
Sep 2019
0.44%
-0.33%
0.22%
Aug 2019
0.07%
0.26%
-0.07%
Jul 2019
-0.16%
-0.27%
0.34%
Jun 2019
0.3%
3.22%
1.1%
May 2019
0.54%
1.53%
-0.32%
Apr 2019
-0.47%
0.33%
-0.3%
Mar 2019
-0.28%
-0.9%
-0.98%
Feb 2019
-0.73%
-1.42%
-0.31%
Jan 2019
-0.41%
-1.23%
0.21%
Dec 2018
0.21%
-2.9%
0.23%
Nov 2018
0.29%
0.02%
Oct 2018
0.02%
-0.16%
Sep 2018
-0.09%
0.47%
Aug 2018
0.47%
0.57%
Jul 2018
0.57%
3.29%
Jun 2018
3.29%
-3.34%
May 2018
-3.34%
0.46%
Apr 2018
0.46%
-0.74%
Mar 2018
-0.74%
0.09%
Feb 2018
0.09%
-0.65%
Jan 2018
-0.56%
1.41%
Dec 2017
1.41%
0.49%
Nov 2017
0.49%
0.37%
Oct 2017
0.29%
0.4%
Sep 2017
0.4%
-0.38%
Aug 2017
-0.38%
0.41%
Jul 2017
0.41%
0.5%
Jun 2017
0.5%
-0.51%
May 2017
-0.51%
0.28%
Apr 2017
0.28%
-0.44%
Mar 2017
-0.44%
1.31%
Feb 2017
1.31%
0.62%
Jan 2017
0.62%
-0.26%
Dec 2016
-0.26%
0.2%
Nov 2016
0.2%
-0.48%
Oct 2016
-0.48%
0.15%
Sep 2016
0.15%
-0.91%
Aug 2016
-0.91%
-0.09%
Jul 2016
-0.09%
0.23%
Jun 2016
0.23%
-0.51%
May 2016
-0.51%
0.03%
Apr 2016
0.03%
-0.36%
Mar 2016
-0.36%
-0.29%
Feb 2016
-0.29%
-0.68%

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