Markets Actual Q3/26 Q4/26 Q1/27 Q2/27
Stock Market 184304.00 184568 174578 169466 164520
Currency 5.19 5.14 5.05 5 4.95
Government Bond 10Y (%) 14.19 14.28 14 13.86 13.71

Overview Actual Q3/26 Q4/26 Q1/27 Q2/27
GDP Growth Rate (%) 0.50 0.4 0.3 0.2 0.7
GDP Annual Growth Rate (%) 2.00 1.8 1.8 1.6 1.3
Unemployment Rate (%) 5.30 5.5 5.2 6 5.3
Inflation Rate (%) 4.22 4.4 4.9 4.7 4.5
Inflation Rate MoM (%) -0.32 0.5 0.7 0.4 0.3
Interest Rate (%) 13.75 13.75 13.5 13.5 13
Balance of Trade (USD Million) 7390.00 4600 9500 5700 6000
Current Account (USD Million) -8110.00 -4500 -5800 -3900 -3900
Services PMI (points) 50.50 51.1 51 51.5 51.9
Business Confidence (points) 44.90 45.7 47.5 48 48.5
Manufacturing PMI (points) 46.30 49.5 52 51 52.3
Consumer Confidence (points) 84.20 84 93 91.5 91
Retail Sales MoM (%) -0.80 -0.5 0.8 0.5 -0.3
Current Account to GDP (% of GDP) -3.02 -2.1
Government Debt to GDP (% of GDP) 78.64 83.5
Government Budget (% of GDP) -8.30 -8.8

GDP Actual Q3/26 Q4/26 Q1/27 Q2/27
GDP Growth Rate (%) 0.50 0.4 0.3 0.2 0.7
GDP Annual Growth Rate (%) 2.00 1.8 1.8 1.6 1.3
GDP Constant Prices (BRL Million) 351322.71 356943 346663 348832 355890
Gross National Product (BRL Million) 3342133.00 3176601 3222291 3200045 3385581
Gross Fixed Capital Formation (BRL Million) 64717.67 68590 64055 64819 65559
GDP from Construction (BRL Million) 17024.72 17960 17135 17040 17246
GDP from Utilities (BRL Million) 8202.51 7989 8237 8475 8309
GDP from Mining (BRL Million) 3213.62 3158 3129 3029 3255
GDP from Transport (BRL Million) 9033.91 9635 9266 8750 9151
GDP from Public Administration (BRL Million) 41384.31 42221 41810 41502 41922
GDP from Manufacturing (BRL Million) 29806.41 32905 30342 28596 30194
GDP from Agriculture (BRL Million) 32824.96 24504 15503 34131 33252
GDP from Services (BRL Million) 210324.38 216870 218344 209399 213059
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 Q3/26 Q4/26 Q1/27 Q2/27
Unemployment Rate (%) 5.30 5.5 5.2 6 5.3
Employed Persons (Million ) 103.34 104 104 103 103
Labour Costs (points) 171.86 156 144 181 180
Wages (BRL/Month) 3762.00 3647 3724 3748 3748
Wages in Manufacturing (BRL/Month) 3605.00 3679 3711 3760 3747
Productivity (points) 95.60 98.5 91.5 94 94
Non Farm Payrolls (Thousand ) 58.57 100 170 80 80
Population (Million) 213.42 214

Prices Actual Q3/26 Q4/26 Q1/27 Q2/27
Inflation Rate (%) 4.22 4.4 4.9 4.7 4.5
Inflation Rate MoM (%) -0.32 0.5 0.7 0.4 0.3
Consumer Price Index CPI (points) 7633.23 7683 7766 7900 7997
Core Inflation Rate (%) 4.52 4.7 4.9 4.5 3.8
Producer Prices (points) 170.08 170 170 174 176
Export Prices (points) 167.78 156 155 154 154
Import Prices (points) 138.09 123 125 121 121
Food Inflation (%) 3.53 4 4.5 4.4 4.3
IPC-Fipe Inflation MoM (%) 0.01 0.3 -0.1 0.2 0.2
IGP-M Inflation MoM (%) -0.22 0.6 0.5 0.4 0.3
Mid-month Inflation Rate YoY (%) 4.24 4.4 5.2 4.8 4.7
Producer Price Inflation MoM (%) -0.83 0.5 -0.2 0.3 0.3
Mid-month Inflation Rate MoM (%) -0.40 0.6 0.7 0.4 0.3
CPI Housing Utilities (points) 12799.40 13116 13164 13193 13497
CPI Transportation (points) 7127.90 7164 7214 7243 7264
Producer Prices Change (%) 1.94 2.3 3.2 3 2.7
GDP Deflator (%) 5.80 5.5

Money Actual Q3/26 Q4/26 Q1/27 Q2/27
Interest Rate (%) 13.75 13.75 13.5 13.5 13
Money Supply M2 (BRL Million) 7737698.00 73200000 73600000 73780000 73780000
Loans to Private Sector (BRL Million) 1141022.00 1021953 1082134 1108230 1143971

Trade Actual Q3/26 Q4/26 Q1/27 Q2/27
Balance of Trade (USD Million) 7390.00 4600 9500 5700 6000
Current Account (USD Million) -8110.00 -4500 -5800 -3900 -3900
Imports (USD Million) 25763.90 28200 23400 25800 27200
Exports (USD Million) 33157.80 32800 32900 31500 33200
Terms of Trade (points) 121.50 127 124 127 127
Foreign Direct Investment (USD Million) 7460.00 4900 800 7000 7000
Crude Oil Production (BBL/D/1K) 4301.37 4350 4400 4310 4420
Current Account to GDP (% of GDP) -3.02 -2.1
Tourist Arrivals (Thousand) 9287.00 12100

Government Actual Q3/26 Q4/26 Q1/27 Q2/27
Gross Debt to GDP (% of GDP) 82.50 83.5 85 86 87
Government Debt to GDP (% of GDP) 78.64 83.5
Government Budget (% of GDP) -8.30 -8.8

Business Actual Q3/26 Q4/26 Q1/27 Q2/27
Services PMI (points) 50.50 51.1 51 51.5 51.9
Business Confidence (points) 44.90 45.7 47.5 48 48.5
Manufacturing PMI (points) 46.30 49.5 52 51 52.3
Composite PMI (points) 49.10 49.7 52 52.4 52.5
Industrial Production Mom (%) 0.20 0.3 0.5 0 0
Industrial Production (%) -0.50 1.2 2 1.7 1.9
Manufacturing Production (%) -1.10 2.2 -1.5 -1 -1
Car Production (Units) 271200.00 248760 181707 260972 243555
Car Registrations (Units) 275100.00 248000 291000 264000 264000
Leading Economic Index (%) -0.20 0.8 0.5 0.6 0.6

Consumer Actual Q3/26 Q4/26 Q1/27 Q2/27
Consumer Confidence (points) 84.20 84 93 91.5 91
Retail Sales MoM (%) -0.80 -0.5 0.8 0.5 -0.3
Retail Sales YoY (%) 1.20 1.1 1.5 1.4 2.6
Consumer Spending (BRL Million) 230349.73 239809 244087 233665 233344
Consumer Credit (BRL Million) 4640700.00 4099400 3907845 4075740 4075740
Bank Lending Rate (%) 60.04 60.04 59.79 59.79 59.29
Economic Optimism Index (points) 101.30 102 103 101 102
Gasoline Prices (USD/Liter) 1.26 1.27 1.37 1.43 1.49

Housing Actual Q3/26 Q4/26 Q1/27 Q2/27
Housing Index (points) 186.74 186 189 191 193