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The Leading Economic Index® for Brazil, released by FGV IBRE in partnership with The Conference Board (TCB), decreased 0.9 percent in May, to 116.1 points. Five of the eight components contributed negatively to the most recent decline, especially the Expectations Index of the Services sector, which fell 5.3 percent.

 In the Economic Survey of Latin America for January 2019, released in February, Brazil's leadership in improving the region's economic climate was highlighted. The scenario has changed. The Ifo/FGV Economic Climate Index (ECI) in Latin America - developed in partnership between the German Ifo Institute and the FGV - after two consecutive quarters of recovery fell to 21.1 points from 9.1 points in January and April 2019. The deterioration of the index was influenced by the drop in the Present Situation Index (PSI) and the Expectations Indicator (EI). The Expectations Indicator (EI) fell by 15.8 points to 9.2 from 25.0 points in the same period, still remaining in the favorable zone. Already, the Present Situation Index (PSI) reported a smaller decrease of 9.0 points, remaining with negative balance of responses.

The Leading Economic Index® for Brazil, released by FGV IBRE in partnership with The Conference Board (TCB), decreased by 0.1 percent in April, to 116.6 points. Two of the eight components contributed to last month’s drop, with the largest negative contribution coming from the Consumer Expectations Index, which decreased 2.7 percent.

The Leading Economic Index® for Brazil, released by FGV in partnership with The Conference Board, decreased by 1.3 percent to 116.4 in March. Six out of the eight component series contributed to the decline of the Index, with the largest negative contributions coming from the Consumer and Services Sector Expectations Indexes, which decreased 9.7 and 4.2 percent, respectively.

The Leading Economic Index® for Brazil, released by FGV IBRE in partnership with The Conference Board, decreased by1.2 percent to 117.6 in February. Six out of the eight components of the leading economic index contributed to its decline, with the largest negative contributions coming from the Export Quantum Index and the Services Sector Expectations Index, which decreased 9.7 percent and 4.2 percent, respectively.