BRL macro coverage

Brazil Economic Indicators

Brazilian real — high-yielding Latin American currency closely tied to commodities and fiscal policy.

The Brazilian real (BRL) is the official currency of Brazil and the most actively traded Latin American currency. It is a high-yielding, high-beta EM currency sensitive to commodity prices, domestic politics, and global risk sentiment.

Open Central Bank Policy Rate BRL currency profile Developer docs

Brazil macro brief

The highest-signal pages for Brazil include Central Bank Policy Rate, Inflation Rate (CPI/HICP), Core Inflation, Gross Domestic Product (GDP) Growth, with each page linking back to the source metadata, release history, and API endpoint.

The Banco Central do Brasil (BCB) sets the Selic policy rate through its Copom (Monetary Policy Committee) at eight scheduled meetings per year. Brazil targets 3% inflation with a ±1.5% tolerance band, and the BCB publishes a quarterly Inflation Report.

The pages below are organized by indicator rather than API route. That keeps the public website useful for research while still preserving direct links into the versioned API documentation for developers.

What to watch
  • Selic rate decision and Copom minutes.
  • Monthly IPCA inflation prints.
  • Quarterly Inflation Report.
  • Fiscal-policy announcements from the Ministry of Finance.
  • USD/BRL spot and BCB intervention auctions.

Key Brazil indicators

The highest-signal country pages for rates, inflation, growth, labour markets, and external balances.

Central Bank Policy Rate

Primary interest rate set by the Central Bank.

~8x/year % Monetary Policy
Open page API docs

Inflation Rate (CPI/HICP)

Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.

Monthly %YoY Economy
Open page API docs

Core Inflation

CPI excluding volatile items like food and energy.

Quarterly %YoY Economy
Open page API docs

Gross Domestic Product (GDP) Growth

GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.

Quarterly BRL bn Economy
Open page API docs

Unemployment Rate

Percentage of the labor force that is unemployed.

Quarterly % Labor Market
Open page API docs

Trade Balance

The difference between the value of a country's exports and imports.

Monthly USD bn Economy
Open page API docs

Retail Sales

Measures change in the total value of sales at the retail level.

Monthly %MoM Economy
Open page API docs

Producer Price Index (PPI)

Measures the average change over time in the selling prices received by domestic producers for their output.

Monthly %YoY Economy
Open page API docs

All Brazil indicator pages

Filter by indicator name, source, cadence, or category.

Economy 11 pages

Business Confidence

Survey-based measure of business executives' outlook on economic conditions, production, and investment plans.

Monthly Index (0-100 normalized) Coverage metadata updating
Country page Country list API docs

Consumer Confidence

Survey-based measure of consumers' confidence in economic conditions, employment prospects, and personal finances.

Monthly Index (0-100 normalized) Coverage metadata updating
Country page Country list API docs

Current Account Balance

Measures trade in goods and services and income flows.

Quarterly USD bn History from 2010-01-31 (16.4 years)
Country page Country list API docs

Gross Domestic Product (GDP) Growth

GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.

Quarterly BRL bn History from 2010-03-31 (16.2 years)
Country page Country list API docs

Inflation Rate (CPI/HICP)

Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.

Monthly %YoY History from 2010-01-31 (16.4 years)
Country page Country list API docs

Inflation MoM

Month-over-month change in the consumer price index, measuring short-term inflationary momentum.

Monthly %MoM Coverage metadata updating
Country page Country list API docs

Producer Price Index (PPI)

Measures the average change over time in the selling prices received by domestic producers for their output.

Monthly %YoY Coverage metadata updating
Country page Country list API docs

Trade Balance

The difference between the value of a country's exports and imports.

Monthly USD bn History from 2010-01-31 (16.4 years)
Country page Country list API docs

Trade-Weighted Index (NEER)

Nominal Effective Exchange Rate (NEER) measuring the value of a currency relative to a basket of trading partners' currencies, weighted by trade volumes. Published monthly by the BIS.

Monthly Index (2020=100) History from 2010-01-31 (16.4 years)
Country page Country list API docs
Labor Market 5 pages

Labor Force Participation Rate

Ratio of the labor force to the working-age population.

Quarterly % Coverage metadata updating
Country page Country list API docs
Money & Credit 3 pages

Narrow Money (M1)

Currency in circulation + transaction deposits. RBNZ column A.

Monthly BRL bn History from 2010-01-31 (16.4 years)
Country page Country list API docs

M2 Money Supply

M1 + savings deposits (on-call). RBNZ derived: column A + B1.

Monthly BRL bn History from 2010-01-31 (16.4 years)
Country page Country list API docs

Broad Money (M3)

M1 + savings + term deposits. RBNZ column A+B (broadest aggregate).

Monthly BRL bn History from 2010-01-31 (16.4 years)
Country page Country list API docs
Monetary Policy 3 pages

Foreign Exchange Reserves

Assets held by the central bank in foreign currencies, used to support the exchange rate and manage monetary policy. Key indicator of a country's external financial position.

Monthly USD bn Coverage metadata updating
Country page Country list API docs
Government Bond Yields 5 pages
Additional Indicators 4 pages

BRL market drivers

Evergreen macro forces to keep beside the country data table.

Driver 1

Selic rate decisions and Copom meeting minutes.

Driver 2

Brazil IPCA inflation and IPCA-15 mid-month preview.

Driver 3

Iron ore, soybean, and crude oil prices.

Driver 4

Fiscal-framework news and primary balance trajectory.

Driver 5

Global risk sentiment and EM currency flows.

Driver 6

BCB FX intervention and credit-line auctions.

Explore other countries

Move laterally into another country hub while keeping the same indicator-first structure.

Argentina (ARS) Australia (AUD) Bolivia (BOB) Canada (CAD) Chile (CLP) China (CNY) Colombia (COP) Czechia (CZK) Denmark (DKK) Eurozone (EUR) Hong Kong (HKD) Hungary (HUF) Iceland (ISK) India (INR) Indonesia (IDR) Israel (ILS)