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The Leading Economic Index® for Brazil (LEI), released by FGV IBRE in partnership with The Conference Board (TCB), decreased 0.1 percent in October, to 117.8. Five of the eight LEI’s components contributed negatively to the index, with the largest negative contribution coming from the Service Sector Expectations Index.

The Ifo/FGV Economic Climate Index (ECI) in Latin America - developed in partnership between the German Ifo Institute and the FGV — fell for the third consecutive quarter to 28.2 negative points in October from 26.4 negative points in July. The Expectation Index (EI), positive since July 2016, fell in the same period to 15.5 points from 17.2 points. Latin America's Present Situation Indicator (PSI) went to 63.0 negative points from 61.3 negative points between July and October surveys. In the 2019 average, both expectations and assessments for present situation of the economy in Latin America over the past year have worsened. This year, the average EI was 16.7 points compared to 21.9 points in 2018; PSI ended the year with an average of 52.3 negative points, well above last year's poor 35.3 negative points.

The Leading Economic Index® for Brazil (TCB/FGV Brazil LEI)), released by FGV IBRE in partnership with The Conference Board, increased 0.3 percent in September, to 117.7. The cumulative change in the last six months was also positive, at 0.9 percent. Of the eight component series, six made positive contributions to the index, with the largest contributions from the Export Quantum Index and Service Sector Expectations Index.

The Leading Economic Index® for Brazil (LEI), released by FGV IBRE in partnership with The Conference Board (TCB), increased 0.1 percent in August, to 117.3. Five of the eight components contributed positively to the recent increase of the index.

 The Ifo/FGV Economic Climate Index (ECI) in Latin America - developed in partnership between the German Ifo Institute and the FGV - worsened for the second consecutive quarter, driven by the fall in the Present Situation Indicator (PSI), which went to 67.3 negative points in July from 47.0 negative points in April 2019, a difference of 14.3 points. The Expectation Indicator (EI) improved and remains positive, to 17.2 from 9.2 points between April and July.

The Leading Economic Index® for Brazil (LEI), released by FGV IBRE in partnership with The Conference Board (TCB), increased 0.5 percent in July, to 117.6. Six out of the eight underlying components contributed positively to the recent increase, with the Services Sector Expectations Index being the largest positive contributor.

The Leading Economic Index® for Brazil (LEI), released by FGV IBRE in partnership with The Conference Board (TCB), increased 0.9 percent in June, to 117.0 points, recovering last month's loss. The accumulated variation in the last six months was also positive at 1.1 percent. Of the eight component series, seven contributed positively to the increase of the index in the month, especially the Services Sector Expectations Index, which advanced 3.3 percent.

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.