National Accounts: GDP by Expenditure: Current Prices: Government Final Consumption Expenditure for Brazil
Quarterly, Not Seasonally Adjusted
NAEXCP03BRQ189N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
479,745,180,000.00
Year-over-Year Change
30.78%
Date Range
1/1/1996 - 7/1/2023
Summary
This economic trend measures the quarterly, not seasonally adjusted personal consumption expenditures on goods and services in Brazil. It provides insights into consumer spending patterns in the Brazilian economy.
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 Quarterly, Not Seasonally Adjusted personal consumption expenditures (PCE) trend tracks the value of goods and services purchased by Brazilian households on a quarterly basis without adjusting for seasonal variations. This metric is a key indicator of domestic demand and consumer confidence in Brazil's economy.
Methodology
The data is collected through surveys of Brazilian households and businesses by the country's national statistics agency.
Historical Context
Policymakers and analysts use this PCE trend to assess the health of Brazil's consumer-driven economy and make informed decisions.
Key Facts
- Brazil's PCE accounts for over 60% of its GDP.
- Household consumption grew by 2.8% in Q4 2022.
- Consumer spending in Brazil is a leading indicator of economic performance.
FAQs
Q: What does this economic trend measure?
A: This trend measures quarterly personal consumption expenditures on goods and services in Brazil, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This PCE trend provides insights into domestic demand and consumer confidence in Brazil's economy, which is crucial for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Brazilian households and businesses by the country's national statistics agency.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this PCE trend to assess the health of Brazil's consumer-driven economy and make informed decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly with a slight delay, and may not fully capture all household spending due to the survey-based methodology.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (NAEXCP03BRQ189N), retrieved from FRED.