LatinNews Daily - 17 June 2025

*Brazil’s central bank (BCB) has released its latest IBC-Br economic activity index, which showed a 0.2% monthly rise in activity in April and an increase of 2.5% compared to April 2024. The accumulated activity in the 12 months until April 2025 was also up 4.0% compared to the preceding 12-month period. Although the IBC-Br is calculated using a different methodology to the official GDP figures registered by the national statistics institute (Ibge), the BCB’s economic activity index is considered a proxy to anticipate GDP growth. According to the latest forecasts of private sector economists and analysts consulted by the BCB, Brazil’s annual GDP growth rate is expected to decelerate to 2.2% by the end of 2025 from GDP growth of 3.4% in 2024.

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