By Marianna Gualter
Brasília, 11/17/2025 - The Central Bank's Economic Activity Index (IBC-Br) accumulated an increase of 3.00% in the 12 months ending in September, in the non-seasonally adjusted series, the authority reported this Monday. This is a slowdown compared to the same period up to August, when the increase was 3.27% (revised, from 3.24%).
The ex-agricultural index, which excludes the effects of the sector, grew by 2.34% – also slowing down compared to the same period up to August, when it advanced by 2.59% (revised, from 2.58%). The agricultural indicator accumulated an increase of 13.54% in the 12 months up to September compared to 13.85% (revised, from 13.26%) in the same period up to the previous month.
Also in 12 months, the accumulated rate of the IBC-Br for industry went from 2.07% (revised, from 2.12%) to 1.95%. The services index went from 2.75% (revised, from 2.73%) to 2.48%. The increase in the tax indicator – broadly equivalent to the Gross Domestic Product (GDP) item – went from 2.80% to 2.42%.