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The Leading Economic Index for Brazil (LEI), published by FGV IBRE in partnership with The Conference Board (TCB), increased 0.4 percent to 124.1 (2016=100) in December/2020. The Coincident Economic Index for Brazil (CEI) (FGV IBRE / TCB), which measures current economic conditions, rose by 0.3 percent to 108.8 (2016=100), in the same period. 

The Coincident and Leading Global Economic Barometers rise in January, signaling a continued recovery of global economic activity. The increase in the Coincident Barometer is small and reverses the fall in the previous month. The Leading Barometer increases more noticeably, once again reflecting optimism, which may now be driven by the beginning of vaccination campaigns against COVID-19 in various countries. 

The Leading Economic Index for Brazil (LEI), published by FGV IBRE in partnership with The Conference Board (TCB), decreased 0.1 percent to 123.3 (2016=100), after six consecutive month to month increases. The Coincident Economic Index for Brazil (CEI) (FGV IBRE / TCB), which measures current economic conditions, fell by 0.1 percent to 101.8 (2016=100) in the same period. 

The Coincident and Leading Global Economic Barometers show a deceleration in the rate of recovery of world economic activity in December, reflecting the arrival of a second wave of COVID-19 in various countries. The Coincident Barometer interrupts its sequence of increases. The Leading Barometer, which showed optimism in the previous months, is moving towards its long-term average.

The Economic Climate Index (ECI) for Latin America by the Getulio Vargas Foundation (FGV) recorded a slight increase from the third to the fourth quarter of 2020, advancing from -43.2 points to -39.3 points. Despite the 3.9-point improvement, the index remains in the unfavorable zone of the economic cycle. 

The Leading Economic Index for Brazil (LEI), published by FGV IBRE in partnership with The Conference Board (TCB), remained unchanged in October at 123.3 (2016 =100), 3.3 points above the pre-pandemic level (February 2020). Of the eight components that comprise the index, five contributed negatively and three positively. The largest positive contribution came from the Manufacturing Survey’s Expectations Index, while the largest negative contribution came from the Services Expectations Index.

The Coincident and Leading Global Economic Barometers rise in November, signaling continuity in the tendency of recovery in world economic activity, after having given slightly less positive signals in the previous month. The favorable overall development was mainly driven by the Asia, Pacific and Africa regions.  

The Leading Economic Index® for Brazil (LEI), published by FGV IBRE in partnership with The Conference Board (TCB), rose 1.2 percent in September to 121.9, 1.9 points above the pre-pandemic level of 120 in February 2020. The six month change in the index was 8.6 percent. Of the eight components that comprise the index, four contributed positively, with the largest contribution coming from the Manufacturing Survey’s Expectations Index.

The Coincident and Leading Global Economic Barometers move in opposite directions in October. The Coincident Barometer maintains a rising tendency, albeit at a clearly slower pace than in the previous months. Despite its decline, the Leading Barometer continues to show a recovery in global GDP. The slowdown, respectively decline in the indicators suggest that after a first strong rebound, the pace of recovery is to weaken.

The Leading Economic Index for Brazil (LEI), published by FGV IBRE in partnership with The Conference Board (TCB), rose 1.1 percent in August to 117.8 points, 2.2 points below the pre-pandemic period in Brazil (February 2020). Of the eight components that comprise the index, four contributed positively, with the largest contribution coming from the Manufacturing Survey’s Expectations Index.