Brazil

Brazil Unemployment Rate Holds at 5.3% in August

Brazil’s unemployment rate remained at 5.3% in August, matching both market expectations and the previous reading.

The unchanged figure suggests the labor market remained relatively tight, with no clear deterioration in employment conditions during the month.
Brazil Foreign Direct Investment Reaches $7.4 Billion in August

Brazil recorded $7.40 billion in foreign direct investment in August, above the $6.90 billion market forecast.

The figure was only slightly below the previous month’s $7.46 billion, suggesting foreign investment inflows remained relatively strong despite broader global financial-market volatility
Brazil Cuts Interest Rate to 13.75%, Matching Expectations

Brazil’s central bank cut its benchmark interest rate by 25 basis points to 13.75% on September 17, continuing the gradual easing of monetary policy.

The decision was in line with market expectations. The Selic rate had previously stood at 14.00%, meaning the latest move represents another step down from the considerably higher interest-rate levels seen earlier in the cycle.
Brazil Retail Sales Fall 0.8% in July, Missing Forecasts

Brazilian retail sales weakened more than expected in July, adding to signs of softer consumer demand in Latin America’s largest economy.

Retail sales fell 0.8% month over month, compared with expectations for a 0.2% decline and following a 0.3% increase previously. On an annual basis, sales rose just 1.2%, well below the 2.2% forecast and slowing from 2.8%
Brazil Inflation Slows to 4.22% in August, Below Expectations

Brazil’s annual inflation rate eased more than expected in August, providing a positive signal for the country’s inflation outlook.

Consumer prices increased 4.22% year-over-year, below the 4.27% market forecast and slowing from 4.44% previously. The decline indicates that inflationary pressures continued to moderate during the month.
Consumer Confidence Weakens in Argentina and Brazil in September

Consumer sentiment deteriorated in both Argentina and Brazil in September, according to the latest Thomson Reuters/Ipsos Primary Consumer Sentiment Index readings.

Argentina’s PCSI declined to 37.85 from 38.97 in August, leaving consumer confidence at a particularly weak level.

Brazil’s PCSI fell to 52.17 from 53.38, a decline of 1.21 points. Despite the monthly drop, Brazil remained above the 50-point level, indicating comparatively stronger consumer sentiment than Argentina.

The September readings point to softer consumer confidence across both of South America’s largest economies, although the gap remains substantial: Brazil’s index stands more than 14 points above Argentina’s.
Brazil GDP Beats Forecasts in Q2 but Growth Slows From Strong First Quarter

Brazil’s economy expanded more than expected in the second quarter, although growth slowed substantially from the beginning of the year as high interest rates continued to restrain domestic activity.

GDP grew 0.5% quarter over quarter in Q2, beating expectations for a 0.4% increase but slowing from 1.1% growth in the first quarter. On an annual basis, the economy expanded 2.0%, also above the 1.8% forecast.

Agriculture was the strongest contributor, expanding 2.8% from the previous quarter, supported by strong soybean and coffee harvests. Services grew just 0.2%, while industrial activity edged up 0.1%.
Brazil’s Gross Debt-to-GDP Ratio Rises to 82.5% in July, Above Forecast

Brazil’s gross government debt climbed to 82.5% of GDP in July, above the 82.2% market forecast and up from 81.9% in June. The ratio has risen steadily in recent months, increasing from 78.7% at the start of the year.
Brazil Unemployment Falls to 5.3% in July, Matching Expectations

Brazil’s unemployment rate declined to 5.3% in July from 5.4% previously, matching market expectations.

The decline points to continued resilience in Brazil’s labor market, with unemployment remaining at historically low levels.
Brazil Inflation Eases to 4.44% in July, Slightly Above Forecast

Brazil’s annual consumer inflation slowed to 4.44% in July 2026, down from 4.64% in June, but came in slightly above the 4.40% market forecast.

The moderation brought inflation back inside the Brazilian central bank’s 1.5%-4.5% tolerance range around its 3% target. According to Reuters, lower food prices helped contain inflation, while housing costs, particularly electricity, remained a source of upward pressure.
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07-10-25WS News