Brazil’s economy grew by 3.4% in 2024, according to the latest data issued by the official statistics agency IBGE. These results surprised the market, which had expected a slightly modest increase.

The IBC-Br index, a leading indicator of gross domestic product, rose a seasonally adjusted 0.2% in August from the previous month, while economists polled by Reuters had forecast a flat reading.

Economic activity in Brazil exceeded market expectations in November, official data showed on Thursday, adding to a string of stronger-than-anticipated performances despite the central bank's ...

Brazil’s economic growth picked up much more than expected in the second quarter, powered by strong consumer spending, raising the prospect of interest rate hikes in the near future.

Brazil’s economy grew much more than expected in the second quarter, powered by strong consumer spending, raising the prospect of interest rate hikes in the near future. Gross domestic product ...

The committee’s next meeting, reportedly scheduled for May 6-7, 2025, will reassess based on the latest economic indicators. For now, the bank reiterated its commitment to a 3.0% inflation ...

Indicators Brazil’s Unemployment Rate Drops Again as Economy Stays Strong Jobless rate at 6.8% in three months through July; est. 6.8% A strong labor market has helped keep the economy running hot ...

The IBC-Br index, a leading indicator of gross domestic product (GDP), rose 0.1% in seasonally adjusted terms from October, while economists polled by Reuters had expected no change.