Brazil’s IBC-Br economic activity index increased 0.3% in August 2026 compared with July, offsetting the previous month’s 0.2% decline and matching market expectations. The industrial sector rebounded by 0.9% after a 0.4% contraction in July, while services activity edged up 0.2% following a flat performance in the prior month. The taxes index rose 0.1%, recovering from a 0.2% drop in July. In contrast, the agriculture and livestock sector shrank 1.8%, deepening from a 1.2% decline in the previous month. Excluding agriculture and livestock, the IBC-Br still advanced 0.3%. On a yearly basis, overall economic activity grew 1.2%.