Press Releases


The Leading Global Barometer rises in April, partially offsetting the substantial decline of the previous month to remain close to the neutral level of 100 points. The Coincident Barometer falls slightly this month, confirming that it peaked in January before pointing to a subsequent phase of rather sluggish global economic activity.

In March 2024, the Leading Global Barometer records a setback, and the Coincident Barometer rises slightly after a fall in the previous month. The results reflect a sluggish development of global economic activity in the first quarter of 2024 and suggest that this will only improve slowly in the coming months. 

The Economic Climate Index (ECI) for Latin America increases in the 1st quarter of 2024 in eight of the 10 main surveyed countries. In Brazil, the rise in the ECI was influenced by the improved expectations in relation to the coming months.  

The Global Barometers decline in February after seven consecutive months of increases. The Coincident Barometer remains below average, while the Leading Barometer remains above average. This decline is a warning that the recovery process is fragile.

The Global Barometers recorded their sixth consecutive increase, ending the year at a higher level than 12 months ago. The results signal that the recovery in global growth is continuing, albeit at a slow pace. The Coincident Barometer remains below 100 points, while the Leading Barometer has already established itself at a level above neutral. 

The Global Barometers continue to increase, signalling an acceleration in world economic growth at the turn of the year. However, despite the seventh consecutive rise, the Coincident Barometer remains below its average of 100 points. The Leading Barometer reaches its highest level since 2021.

The Economic Climate Index (ECI) for Latin America increased from the 3rd to the 4th quarter of 2023. The result can be explained by the contribution of Mexico, the region’s second largest economy, which recorded growth in all its indicators. Brazil, the largest economy in the region, recorded a decrease in all the economic climate indicators, leading to a drop in the ECI of South America, which does not include Mexico. However, in the comparison between the 4th quarter of 2023 and that of 2022, all the indicators for Brazil have improved. In the analysis of the main problems that have hindered the country’s economic growth, there are notable differences. Among the 10 countries analyzed, five indicate a lack of confidence in the government’s economic policy as the main problem, while for Brazil, the big issue is inadequate infrastructure.  

Both Global Barometers improve in November. The Leading Global Barometer points to an acceleration in world economic growth in the three to six months ahead. The Coincident Barometer is rising despite the monetary tightening in several countries, but it remains below its historical average. 

The Leading Global Barometer rises for the fourth month in a row, moving more clearly into the over 100 points range, suggesting an above average acceleration in world economic growth over the next three to six months. The slight decline in the Coincident Barometer shows that this framework is likely to be reached gradually. 

The Economic Climate Index (ECI) for Latin America increased in the third quarter of 2023 with positive contributions from the Present Situation Index (PSI) and the Expectations Index (EI). The results for Brazil lead the improvement, followed by Mexico.