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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.

Category:  Leading Economic Index
Units: Percent
Details
Impact: Low
Country:
Currency: BRL
Latest Release
Previous: 0.22%
Consensus: 0.3%
Actual: 0.44%
Next Release
Date: Oct 19, 12:00
Time left: 15 days