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LatinNews Daily - 16 December 2025
In brief: Brazil’s economic activity continues to decline in monthly terms
*Brazil’s central bank (BCB) has released the latest figures for its economic activity index (IBC-Br), which is considered a proxy to anticipate GDP figures, showing a monthly decrease of 0.2% in October. This marks the second consecutive monthly drop in activity, following a 0.2% decrease in September. Meanwhile, in annual terms, activity in October 2025 was up 0.4% compared to October 2024, and the accumulated activity in the 12 months through October this year was up 2.5% on the preceding 12-month period. The latest monthly decline was mainly driven by the industrial sector, which registered a decrease of 0.7%. However, the agricultural sector saw a 3.1% monthly increase, while services were down 0.2% in monthly terms.
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