Brazil Economic Calendar
Economy of Brazil
Brazil is the biggest economy in South America and the twelfth largest in the world. It is categorized as an advanced emerging economy, is one of the ten greatest markets in the world, and is a member of several economic organizations, including Mercosur, Prosur, G8+5, G20, WTO, Paris Club, Cairns Group, and is on pace to become an OECD permanent member.
The service sector contributes the most to the Gross Domestic Product (GDP), followed by the industrial and agriculture sectors.
Brazil is one of the few nations in the world that produces its oil, a resource that plays a vital role in the global economy. The country is at the forefront of alternative energy sources, producing more ethanol than both Asia and Europe combined. Additionally, Brazil is the second greatest iron ore producer in the world.
Bank of Brazil
Brazil's official currency is the Brazilian Real (BRL). The central bank of Brazil, Banco Central do Brasil, has exclusive power to issue banknotes and coins in the country. Like other central banks, BCB is the country's primary monetary authority. The overnight rate set by the Banco Central do Brasil, known as the SELIC rate, is one of the main tools in Brazil's monetary policy.
Interest Rate of Brazil
The Central Bank of Brazil's Monetary Policy Committee is in charge of setting the rate for overnight loans (SELIC) which is the official Interest Rate in Brazil.
Date
|
Time left
|
Event
|
Impact
|
Previous
|
Consensus
|
Actual
|
|||
---|---|---|---|---|---|---|---|---|---|
Thursday, Jun 08, 2023
|
|||||||||
Jun 08, 00:00
|
|
BRL | Corpus Christi |
None
|
|||||
Friday, Jun 09, 2023
|
|||||||||
Jun 09, 13:00
|
1 day
|
BRL | Federal Tax Revenues (Apr) |
Low
|
BRL171.056B |
BRL170B
|
|||
Monday, Jun 12, 2023
|
|||||||||
Jun 12, 11:30
|
4 days
|
BRL | BCB Focus Market Readout |
Low
|
|||||
Wednesday, Jun 14, 2023
|
|||||||||
Jun 14, 12:00
|
6 days
|
BRL | Retail Sales YoY (Apr) |
Low
|
3.2% |
3.4%
|
|||
Jun 14, 12:00
|
6 days
|
BRL | Retail Sales MoM (Apr) |
Medium
|
0.8% |
1%
|
|||
Jun 14, 15:30
|
6 days
|
BRL | Business Confidence (Jun) |
Medium
|
49.2 |
49.7
|
|||
Friday, Jun 16, 2023
|
|||||||||
Jun 16, 12:00
|
8 days
|
BRL | IBC-BR Economic Activity (Apr) |
Low
|
-0.15% |
0.1%
|
|||
Monday, Jun 19, 2023
|
|||||||||
Jun 19, 11:30
|
11 days
|
BRL | BCB Focus Market Readout |
Low
|
|||||
Wednesday, Jun 21, 2023
|
|||||||||
Jun 21, 21:30
|
13 days
|
BRL | Interest Rate Decision |
Medium
|
13.75% |
13.75%
|
|||
Friday, Jun 23, 2023
|
|||||||||
Jun 23, 11:00
|
15 days
|
BRL | FGV Consumer Confidence (Jun) |
Low
|
81
|
||||
Jun 23, 11:00
|
15 days
|
BRL | IGP-M Inflation MoM (Jun) |
Low
|
|||||
Jun 23, 13:30
|
15 days
|
BRL | Federal Tax Revenues (May) |
Low
|
|||||
Monday, Jun 26, 2023
|
|||||||||
Jun 26, 11:30
|
18 days
|
BRL | BCB Focus Market Readout |
Low
|
|||||
Jun 26, 11:30
|
18 days
|
BRL | Foreign Direct Investment (May) |
Low
|
6.6
|
||||
Jun 26, 11:30
|
18 days
|
BRL | Current Account (May) |
Low
|
1.3
|
||||
Tuesday, Jun 27, 2023
|
|||||||||
Jun 27, 11:00
|
19 days
|
BRL | BCB Copom Meeting Minutes |
Medium
|
|||||
Jun 27, 12:00
|
19 days
|
BRL | IPCA mid-month CPI MoM (Jun) |
Low
|
0.3
|
||||
Jun 27, 12:00
|
19 days
|
BRL | IPCA mid-month CPI YoY (Jun) |
Low
|
4.4
|
||||
Wednesday, Jun 28, 2023
|
|||||||||
Jun 28, 11:30
|
20 days
|
BRL | Bank Lending MoM (May) |
Low
|
|||||
Jun 28, 12:30
|
20 days
|
BRL | Net Payrolls (May) |
Low
|
|||||
Thursday, Jun 29, 2023
|
|||||||||
Jun 29, 12:00
|
21 days
|
BRL | PPI MoM (May) |
Low
|
|||||
Jun 29, 12:00
|
21 days
|
BRL | PPI YoY (May) |
Low
|
|||||
Friday, Jun 30, 2023
|
|||||||||
Jun 30, 11:30
|
22 days
|
BRL | Nominal Budget Balance (May) |
Low
|
|||||
Jun 30, 11:30
|
22 days
|
BRL | Gross Debt to GDP (May) |
Low
|
75.7
|
||||
Jun 30, 12:00
|
22 days
|
BRL | Unemployment Rate (May) |
Medium
|
|||||
Monday, Jul 03, 2023
|
|||||||||
Jul 03, 11:30
|
25 days
|
BRL | BCB Focus Market Readout |
Low
|
|||||
Jul 03, 13:00
|
25 days
|
BRL | S&P Global Manufacturing PMI (Jun) |
Low
|
48
|
||||
Jul 03, 18:00
|
25 days
|
BRL | Balance of Trade (Jun) |
Medium
|
10.7
|
||||
Tuesday, Jul 04, 2023
|
|||||||||
Jul 04, 08:00
|
25 days
|
BRL | IPC-Fipe Inflation MoM (Jun) |
Low
|
0.3
|
||||
Jul 04, 12:00
|
26 days
|
BRL | Industrial Production MoM (May) |
Medium
|
|||||
Jul 04, 12:00
|
26 days
|
BRL | Industrial Production YoY (May) |
Low
|
|||||
Wednesday, Jul 05, 2023
|
|||||||||
Jul 05, 13:00
|
27 days
|
BRL | S&P Global Services PMI (Jun) |
Medium
|
49
|
||||
Jul 05, 13:00
|
27 days
|
BRL | S&P Global Composite PMI (Jun) |
Low
|
50
|
||||
Friday, Jul 07, 2023
|
|||||||||
Jul 07, 13:00
|
29 days
|
BRL | New Car Registrations MoM (Jun) |
Low
|
0.1
|
||||
Jul 07, 13:00
|
29 days
|
BRL | Car Production MoM (Jun) |
Low
|
-3.8
|