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2025-09-15 21:20:31
Brazil's Economic Activity Index Declined for the Third Consecutive Month in July. (1) Brazil's IBC-Br Economic Activity Index fell 0.5% month-over-month in July 2025, marking the third consecutive month of decline. The previous reading was a 0.1% decline, worse than the market expectation of a -0.2%. (2) Agricultural and livestock output fell 0.8%, industrial output contracted 1.1%, and the service sector saw a slight decline of 0.2%. (3) The IBC-Br tax revenue index fell 0.7%, while the index excluding agriculture fell 0.4%. (4) The index rose 1.1% year-over-year to July 2024.
