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October 31, 2023
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Brazil Unemployment Rate % 7.7% (consensus 7.7%) in Sep-23

- Brazil's unemployment rate in September 2023 decreased slightly to 7.7% from the previous rate of 7.8%, as expected.
- The current unemployment rate is below both the average rate of the past year and the long-run average, indicating some progress in reducing unemployment.

October 20, 2023
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Brazil Economic Activity Growth -0.77% m-o-m (consensus -0.3%) in Aug-23

- Brazil's economic activity growth declined by 0.77% m-o-m in August 2023, marking the lowest growth rate since May 2023.
- The current growth rate is 0.87 pp below the one-year average, indicating a significant slowdown in economic activity.

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