LatinNews Daily - 19 June 2026

*The economics institute (Ibre) of Brazilian university and think tank Fundação Getulio Vargas (FGV) has released new figures estimating that GDP grew by 0.1% in April as compared to the previous month and 1.8% year-on-year. According to the same report, GDP growth in the rolling quarter ending in April also stood at 1.8% year-on-year. The April result is down from annual growth of 3.0% in March, when growth showed no variation in monthly terms. “The 0.1% growth in GDP in April, compared to March, is the result of positive performance in industry, services, and most components of demand. Among the main components of GDP, only agriculture and government consumption declined during the month,” said FGV research coordinator, Juliana Trece. “These results show… a certain degree of resilience amid a scenario of high interest rates and rising oil prices, as one of the consequences of the war in the Middle East.” This comes as Brazil’s national statistics institute (Ibge) reported GDP growth of 1.1% in the first quarter of 2026, as compared to Q4 2025, and 1.8% compared to Q1 2025.

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