Composite Leading Indicators: Reference Series (GDP) Trend for Brazil
BRALORSGPTDSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
107.85
Year-over-Year Change
2.02%
Date Range
2/1/1996 - 8/1/2023
Summary
The Composite Leading Indicators (CLI) Reference Series (GDP) Trend for Brazil tracks a leading indicator that predicts future economic activity in Brazil.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The CLI Reference Series (GDP) Trend for Brazil is a composite index that aggregates several leading economic indicators to provide an early signal of turning points in Brazil's business cycle. It is a key metric used by economists and policymakers to anticipate changes in the broader Brazilian economy.
Methodology
The data is calculated by the OECD using a proprietary methodology that combines multiple data sources.
Historical Context
This trend is closely monitored by analysts and institutions to gain insight into Brazil's macroeconomic conditions and outlook.
Key Facts
- The CLI Reference Series (GDP) Trend is a composite of 7 leading indicators for Brazil.
- The trend has a base year of 2015 = 100.
- It is published monthly by the OECD.
FAQs
Q: What does this economic trend measure?
A: The Composite Leading Indicators (CLI) Reference Series (GDP) Trend for Brazil aggregates several leading economic indicators to provide an early signal of turning points in Brazil's business cycle.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key metric used by economists and policymakers to anticipate changes in the broader Brazilian economy and monitor the country's macroeconomic conditions and outlook.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD using a proprietary methodology that combines multiple data sources.
Q: How is this trend used in economic policy?
A: The CLI Reference Series (GDP) Trend for Brazil is closely monitored by analysts and institutions to gain insight into the country's macroeconomic conditions and outlook, which informs economic policy and decision-making.
Q: Are there update delays or limitations?
A: The trend is published monthly by the OECD, so there may be a short delay between the reference period and the data release.
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Citation
U.S. Federal Reserve, Composite Leading Indicators: Reference Series (GDP) Trend for Brazil (BRALORSGPTDSTSAM), retrieved from FRED.