According to the Brazilian Central Bank, Brazil's GDP in July 2019 fell 0.16% over the previous month

The Brazilian Central Bank Economic Activity Index (IBC-Br), considered a kind of informal "preview" of Brazil's GDP, fell by 0.16% in July 2019, compared to June of the same year. This is the worst result for the month in the last three years.

In the first seven months of 2019, Brazil's GDP registered growth in just two months, May (1.16%) and June (0.34%). All other months of 2019 showed negative numbers.

According to the Focus Bulletin, a survey conducted by the Brazilian Central Bank, the financial market forecast for 2019 GDP is 0.87%.