Story perspectives
Brazil's Economy Grows 2.5% Despite December Slowdown
2/21/2026
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Story summary
- December 2025 central bank activity index declined -0.18%, better than the -0.40% forecast, signaling resilient momentum.
- Brazil's economic activity expanded 2.5% in 2025, driven by a booming agricultural sector.
- December's index fell 0.2% month-on-month as services declined, while agriculture and industrial output rose.
- Policymakers plan to begin lowering the benchmark Selic rate from 15% in March.
- Official GDP figures are expected on March 3.
