Key facts
- Brazil's Q1 GDP grew 1.1% quarter-over-quarter.
- This marks an acceleration from a revised 0.3% growth in Q4 2025.
- The annual GDP growth rate remained at 1.8% year-over-year.
- Private consumption accelerated in Q1.
- Investments declined for the second consecutive quarter.
Brazil's Gross Domestic Product (GDP) experienced a quarter-over-quarter growth of 1.1% in the first quarter of the year. This figure represents an acceleration from the revised 0.3% growth recorded in the fourth quarter of 2025, and it aligns with the pace observed in the preceding two quarters. The annual growth rate held steady at 1.8% year-over-year. The report indicated that private consumption saw an acceleration compared to the previous quarter, while investments continued their downward trend, marking their second consecutive decline. The Central Bank of Brazil's Monetary Policy Committee (MPC) is scheduled to meet on June 16-17, 2026, with the current policy rate at 14.50%. EmergingMarketWatch forecasts a 25-basis point cut, bringing the rate to 14.25%, a move potentially supported by the mild GDP print.