Economy

Economy grows 0.5% in August after two months of retreat, estimates FGV

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 19/10/2026, 16:24:24 UTC.

Briefings

Brazil's economy expanded by 0.5% in August 2026, marking a return to growth after two months of decline. The Ibre/FGV Monitor do PIB reported this 0.5% monthly increase, resulting in a 1.8% annual growth rate. This finding is supported by data from the Ibre Fundacao Getulio Vargas, which also noted the economy's recovery capacity despite persistent inflation and high interest rates.

Key points

• The Brazilian economy expanded by 0.5% in August 2026, reversing a two-month decline.
• This monthly growth rate contributed to an annual growth rate of 1.8% for the first 12 months.

Context

The Ibre Fundacao Getulio Vargas Monitor do PIB serves as a monthly economic indicator, with data collected from industry, commerce, services, and agriculture. The August 2026 finding contrasts with previous months' negative growth and aligns with FMI projections for 2026.

Limitations

Data is limited to the first 12 months of 2026, with no official GDP figures available until December 2026. The Ibre study is a monthly estimate, not the official GDP, and projections vary across institutions.

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