Markets Actual Q4/26 Q1/27 Q2/27 Q3/27
Stock Market 171329.00 164313 154833 148430 142280
Currency 5.59 5.48 5.39 5.32 5.26
Government Bond 10Y (%) 15.21 14.99 14.56 14.27 13.97

Overview Actual Q4/26 Q1/27 Q2/27 Q3/27
GDP Growth Rate (%) 0.50 0.3 0.2 0.7 0.5
GDP Annual Growth Rate (%) 2.00 1.8 1.6 1.3 1.5
Unemployment Rate (%) 5.20 5.2 6 5.3 5.7
Inflation Rate (%) 4.58 4.9 4.7 4.5 4.6
Inflation Rate MoM (%) 0.82 0.7 0.4 0.3 0.2
Interest Rate (%) 13.75 13.75 13.75 13.75 12.5
Balance of Trade (USD Million) 9320.00 9500 5700 6000 4300
Current Account (USD Million) -5100.00 -3800 -5500 -4300 -3600
Manufacturing PMI (points) 46.10 48 51 52.3 53.2
Business Confidence (points) 46.20 47.5 48 48.5 49
Services PMI (points) 44.50 51 51.5 51.9 52.3
Consumer Confidence (points) 84.70 92 91.5 91 89.7
Retail Sales MoM (%) 0.10 0.8 0.5 -0.3 0.1
Current Account to GDP (% of GDP) -2.96 -2.1
Government Debt to GDP (% of GDP) 78.64 83.5
Government Budget (% of GDP) -8.30 -8.8

GDP Actual Q4/26 Q1/27 Q2/27 Q3/27
GDP Growth Rate (%) 0.50 0.3 0.2 0.7 0.5
GDP Annual Growth Rate (%) 2.00 1.8 1.6 1.3 1.5
GDP Constant Prices (BRL Million) 351322.71 346663 348832 355890 356593
Gross National Product (BRL Million) 3342133.00 3222291 3200045 3385581 3392265
Gross Fixed Capital Formation (BRL Million) 64717.67 64055 64819 65559 65688
GDP from Transport (BRL Million) 9033.91 9266 8750 9151 9169
GDP from Utilities (BRL Million) 8202.51 8237 8475 8309 8326
GDP from Mining (BRL Million) 3213.62 3129 3029 3255 3262
GDP from Services (BRL Million) 210324.38 218344 209399 213059 213479
GDP from Construction (BRL Million) 17024.72 17135 17040 17246 17280
GDP from Public Administration (BRL Million) 41384.31 41810 41502 41922 42005
GDP from Manufacturing (BRL Million) 29806.41 30342 28596 30194 30254
GDP from Agriculture (BRL Million) 32824.96 15503 34131 33252 33317
GDP (USD Billion) 2279.92 2321
GDP per Capita (USD) 9748.00 9923
GDP per Capita PPP (USD) 20024.70 20385
Full Year GDP Growth (%) 2.30 1.8

Labour Actual Q4/26 Q1/27 Q2/27 Q3/27
Unemployment Rate (%) 5.20 5.2 6 5.3 5.7
Employed Persons (Million ) 103.64 104 103 103 103
Labour Costs (points) 169.67 144 181 180 177
Wages (BRL/Month) 3777.00 3850 3790 3820 3840
Productivity (points) 97.10 91.5 94 94 94
Non Farm Payrolls (Thousand ) 121.31 -630 220 140 250
Wages in Manufacturing (BRL/Month) 3614.00 3710 3759 3745 3780
Population (Million) 213.42 214

Prices Actual Q4/26 Q1/27 Q2/27 Q3/27
Inflation Rate (%) 4.58 4.9 4.7 4.5 4.6
Inflation Rate MoM (%) 0.82 0.7 0.4 0.3 0.2
Consumer Price Index CPI (points) 7695.82 7766 7900 7997 8050
Core Inflation Rate (%) 4.35 4.9 4.5 3.8 3.7
Producer Prices (points) 173.30 170 174 176 178
Export Prices (points) 169.89 155 154 154 154
Import Prices (points) 135.25 125 121 121 121
Food Inflation (%) 4.64 4.5 4.4 4.3 4
Mid-month Inflation Rate YoY (%) 4.62 5.2 4.8 4.7 4.6
Mid-month Inflation Rate MoM (%) 0.32 0.7 0.4 0.3 0.3
IPC-Fipe Inflation MoM (%) 0.44 0.6 0.4 0.4 0.3
IGP-M Inflation MoM (%) 1.47 0.6 0.4 0.3 0.2
Producer Price Inflation MoM (%) 1.54 -0.2 0.3 0.3 0.4
CPI Transportation (points) 7191.34 7242 7271 7292 7307
CPI Housing Utilities (points) 13095.07 13164 13193 13497 13697
Producer Prices Change (%) 4.34 3.2 3 2.7 2.9
GDP Deflator (%) 5.80 5.5

Money Actual Q4/26 Q1/27 Q2/27 Q3/27
Interest Rate (%) 13.75 13.75 13.75 13.75 12.5
Money Supply M2 (BRL Million) 7870395.00 73600000 73780000 73780000 73780000
Loans to Private Sector (BRL Million) 1154169.00 1082134 1108230 1143971 1171482

Trade Actual Q4/26 Q1/27 Q2/27 Q3/27
Balance of Trade (USD Million) 9320.00 9500 5700 6000 4300
Current Account (USD Million) -5100.00 -3800 -5500 -4300 -3600
Imports (USD Million) 26677.50 23400 25800 27200 29500
Exports (USD Million) 34418.10 32900 31500 33200 33800
Terms of Trade (points) 125.61 124 127 127 127
Foreign Direct Investment (USD Million) 11290.00 3000 6100 4500 12000
Crude Oil Production (BBL/D/1K) 4474.81 4400 4310 4420 4550
Current Account to GDP (% of GDP) -2.96 -2.1
Tourist Arrivals (Thousand) 9287.00 12100

Government Actual Q4/26 Q1/27 Q2/27 Q3/27
Gross Debt to GDP (% of GDP) 82.90 85 86 87 88
Government Debt to GDP (% of GDP) 78.64 83.5
Government Budget (% of GDP) -8.30 -8.8

Business Actual Q4/26 Q1/27 Q2/27 Q3/27
Manufacturing PMI (points) 46.10 48 51 52.3 53.2
Business Confidence (points) 46.20 47.5 48 48.5 49
Services PMI (points) 44.50 51 51.5 51.9 52.3
Composite PMI (points) 44.40 52 52.4 52.5 52.2
Industrial Production (%) -2.50 2 1.7 1.9 2.6
Industrial Production Mom (%) -0.80 0.5 0 0 0
Manufacturing Production (%) -3.80 -1.5 -1.2 2 -1.7
Car Production (Units) 268300.00 181707 260445 250935 263739
Car Registrations (Units) 281361.00 291000 264000 264000 264000
Leading Economic Index (%) 0.30 -0.3 0.6 0.4 0.8

Consumer Actual Q4/26 Q1/27 Q2/27 Q3/27
Consumer Confidence (points) 84.70 92 91.5 91 89.7
Retail Sales MoM (%) 0.10 0.8 0.5 -0.3 0.1
Retail Sales YoY (%) 0.40 1.5 1.4 2.6 2
Consumer Spending (BRL Million) 230349.73 244087 233665 233344 233805
Consumer Credit (BRL Million) 4684800.00 3907845 4075740 4075740 4075740
Bank Lending Rate (%) 62.35 62.35 62.35 62.35 61.1
Economic Optimism Index (points) 96.70 102 101 102 102
Gasoline Prices (USD/Liter) 1.21 1.24 1.32 1.38 1.44

Housing Actual Q4/26 Q1/27 Q2/27 Q3/27
Housing Index (points) 187.83 189 191 193 196