Brazil Economic Activity Growth (12-Month)

## What this measures

The 12-month percent change in the IBC-Br activity index (brazil.ibc_br).

## Why it matters

It is Brazil's monthly growth rate.

## How to read it

Compare with mexico.igae.yoy for the two largest Latin American economies.

## What it does not say

The calculation is Palanor's.

## Source

Banco Central do Brasil, SGS series 24364, 12-month change calculated by Palanor. Palanor reads it every day. Contains information from Banco Central do Brasil's open data, made available under the Open Database License (ODbL).