Brazil IBC-BR Economic Activity
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:
0.5%
Consensus:
Actual:
0.4%
Next Release
Date:
May 15, 12:00
Time left:
8 days
Consensus:
0.1%
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