FX.co ★ Brazil Economic Activity Declines in May

In May 2025, Brazil's IBC-Br Economic Activity Index, a significant GDP indicator, experienced a 0.7% month-over-month decline. This marked the first decrease in five months, following a 0.1% increase in April after revision, and it fell short of analysts' projections for stability. The agriculture and livestock sector registered the sharpest drop at 4.2%, followed by taxes at 1.0% and the industrial sector at 0.5%. Conversely, the services sector remained stable, presenting no change. Excluding the broader agricultural sector, the index experienced a 0.3% decline for the month. Annually, the IBC-Br demonstrated a 3.2% increase, contributing to a cumulative 12-month growth of 4.0%.