The Central Bank's Monetary Policy Committee evaluates whether to adjust the basic interest rate based on the Economic Activity Index (IBC-Br), which is sometimes viewed as a forerunner to GDP figures. The index, which has a base value of 100 as of 2002, measures the performance of the economy's three primary sectors: agriculture, industry, and services.
A higher than expected figure should be seen as positive (bullish) for the BRL while a lower than expected figure should be seen as negative (bearish) for the BRL.
Source:
Banco Central do Brasil
Category:
Leading Economic Index
Units:
Percent
Latest Release
Previous:
0.22%
Consensus:
0.3%
Actual:
0.44%
Next Release
Date:
Oct 19, 12:00
Time left:
15 days
Data updated. Please refresh the page.
