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The IBC-BR Economic Activity Index is a monthly indicator released by the Central Bank of Brazil. It serves as a high-frequency proxy for the country's Gross Domestic Product (GDP), providing an early look at economic growth. The index incorporates data from major sectors including industry, services, and agriculture. Analysts use this figure to predict official quarterly GDP results and to assess the effectiveness of current monetary policy.
Calculated by the Central Bank of Brazil using a weighted average of proxy indicators for production in the farming, industry, and services sectors.