Labor Compensation: Earnings: All Activities: Real Monthly Earnings for Brazil
Brazilian Real, Quarterly, Not Seasonally Adjusted
LCEATT04BRQ189N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,992.00
Year-over-Year Change
1.83%
Date Range
4/1/2012 - 7/1/2023
Summary
This economic trend tracks the quarterly value of the Brazilian real, Brazil's national currency, in an unadjusted format. It is a key indicator for analyzing Brazil's economic performance and exchange rate dynamics.
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 Brazilian real is the official currency of Brazil. This quarterly, non-seasonally adjusted series provides the exchange rate of the real against the U.S. dollar, which is widely used to assess Brazil's macroeconomic conditions and trade competitiveness.
Methodology
The data is collected by the U.S. Federal Reserve based on market exchange rates.
Historical Context
Economists and policymakers monitor this trend to gauge Brazil's economic health and guide policy decisions.
Key Facts
- The Brazilian real is the national currency of Brazil.
- This series tracks the real's quarterly exchange rate against the U.S. dollar.
- The data is not seasonally adjusted.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly value of the Brazilian real, Brazil's national currency, against the U.S. dollar in an unadjusted format.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator for analyzing Brazil's economic performance, exchange rate dynamics, and trade competitiveness.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve based on market exchange rates.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to gauge Brazil's economic health and guide policy decisions.
Q: Are there update delays or limitations?
A: The data is provided on a quarterly basis without seasonal adjustments.
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Citation
U.S. Federal Reserve, Brazilian Real, Quarterly, Not Seasonally Adjusted (LCEATT04BRQ189N), retrieved from FRED.