started · updated
Brazil economy shows signs of deceleration in second quarter 2026
The Brazilian economy showed signs of deceleration in the second quarter of 2026. According to data from the Fundação Getulio Vargas (FGV), the Gross Domestic Product (GDP) grew by 0.3%, a slowdown from the 1% growth recorded in the first quarter. This growth was primarily sustained by household consumption, particularly in services and durable goods.
However, monthly indicators suggest a sharper contraction in recent months. The Central Bank's IBC-Br index fell 0.6% in June compared to May. Within that month, industrial activity declined by 1.4% and the services sector saw a 0.5% decrease, while agricultural activity grew by 1%.
Market expectations remain stable according to the Focus Bulletin. Projections for 2026 inflation (IPCA) are held at 5.02%, with GDP growth expected at 1.98%. The Selic interest rate is projected to be 13.75% by the end of 2026, and the dollar is expected to remain around R$ 5.20.
Entities
B3 · Banco Central do Brasil · Brasil · Brazil · Central Bank of Brazil · Darío Durigan · FGV · Federal Reserve · Focus report · Fundação Getulio Vargas · Gabriel Galípolo · IBC-Br
Claims
What the coverage asserts, and how many sources carry each claim.
- [○ 1 SOURCE] Vibra Energia reported an adjusted net profit of R$ 2.3 billion for Q2 2026, a 365% increase year-over-year.
- [● 2 SOURCES] Projections for the end of 2026 are R$ 5.20 for the dollar and 13.75% for the Selic rate. www.atibaia.com.br
- [● 2 SOURCES] The market expectation for 2026 GDP growth is maintained at 1.98%. www.atibaia.com.br
- [● 3 SOURCES] The IBC-Br showed a 1.5% increase over the last 12 months ending in June. destakjornal.com.br · www.nitronewsbrasil.com.br · amanha.com.br
- [● 2 SOURCES] B3's second preview for the Ibovespa index confirms Tenda's entry and PetroReconcavo's exit for the September-December 2026 period. www.dgabc.com.br
- [● 7 SOURCES] The Central Bank's IBC-Br indicator fell 0.6% in June compared to May 2026 on a seasonally adjusted basis. destakjornal.com.br · www.nitronewsbrasil.com.br · vanguardadonorte.com.br · amanha.com.br
- [● 7 SOURCES] Market projections for 2026 inflation (IPCA) remain stable at 5.02%. www.atibaia.com.br · jovempan.com.br · sitedaserra.com.br · portalrondon.com.br
- [● 4 SOURCES] In June, industrial activity fell 1.4% and services fell 0.5%, while agriculture grew by 1%. destakjornal.com.br · www.nitronewsbrasil.com.br · amanha.com.br
- [● 9 SOURCES] Industrial activity decreased by 1.4% in June. destakjornal.com.br · amanha.com.br · www.jornalodiasp.com.br · www.nitronewsbrasil.com.br · vanguardadonorte.com.br · +1 more
- [● 8 SOURCES] The market projection for the Selic rate at the end of 2026 is 13.75%. www.atibaia.com.br · jovempan.com.br · sitedaserra.com.br · portalrondon.com.br
- [● 9 SOURCES] The services sector saw a 0.5% decline in June. destakjornal.com.br · amanha.com.br · www.jornalodiasp.com.br · www.nitronewsbrasil.com.br · vanguardadonorte.com.br · +1 more
- [● 9 SOURCES] Agricultural activity grew by 1% in June. destakjornal.com.br · amanha.com.br · www.jornalodiasp.com.br · www.nitronewsbrasil.com.br · vanguardadonorte.com.br · +1 more