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For Release 10:00 AM ET, February 13, 2026
Using the Composite Indexes: The Leading Economic Index (LEI) provides an early indication of significant turning points in the business cycle and where the economy is heading in the near term. The Coincident Economic Index (CEI) provides an indication of the current state of the economy. Additional details are below.
The Conference Board Leading Economic Index® (LEI) for Brazil, together with Fundação Getulio Vargas, increased by 0.9% in January 2026 to 125.0 (2016=100), after rising by 1.5% in December. As a result of the recent consecutive increases, the LEI expanded by 4.1% over the six-month period between July 2025 and January 2026, substantially more than reversing a contraction of 0.8% from over the previous six-month period between January and July 2025.
The Conference Board Coincident Economic Index® (CEI) for Brazil, together with Fundação Getulio Vargas, increased by 0.4% in January 2026 to 117.0 (2016=100), more than offsetting the decrease by 0.3% in December. The CEI expanded by 1.6% over the six-month period between July 2025 and January 2026, twice as fast rate of increase than the 0.8% growth over the previous six-month period.
The next release is scheduled for Friday, March 13, 2026 at 10 A.M. ET.
*CODACE has determined that the recession beginning in September 2020 ended in the second quarter of 2020. We will update our business cycle chronology when the monthly trough date is available.
*CODACE has determined that the recession beginning in September 2020 ended in the second quarter of 2020. We will update our business cycle chronology when the monthly trough date is available.
About The Conference Board Leading Economic Index® (LEI) and Coincident Economic Index® (CEI) for Brazil
The composite economic indexes are key elements in an analytic system designed to signal peaks and troughs in the business cycle. Comprised of multiple independent indicators, the indexes are constructed to summarize and reveal common turning points in the economy in a clearer and more convincing manner than any individual component.
The CEI reflects current economic conditions and is highly correlated with real GDP. The LEI is a predictive tool that anticipates—or “leads”—turning points in the business cycle by around six months.
The eight components of the Leading Economic Index® for Brazil are:
The six components of the Coincident Economic Index® for Brazil are:
To access data, please visit: https://data-central.conference-board.org/
About The Conference Board
The Conference Board is the member-driven think tank that delivers Trusted Insights for What’s Ahead®®. Founded in 1916, we are a non-partisan, not-for-profit entity holding 501 (c) (3) tax-exempt status in the United States. TCB.org
ABOUT FGV IBRE
Created in 1944, FGV is a Brazilian private higher education institution, think tank and producer of statistics, with a mission "to foster Brazil’s socioeconomic development." The Brazilian Institute of Economics (IBRE) is FGV´s arm with the mission to produce and disseminate high-quality economic statistics and studies that are relevant to improve policies and private action in Brazil. www.fgv.br/ibre
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All release times displayed are Eastern Time
Note: Due to the US federal government shutdown, all further releases for The Conference Board Employment Trends Index™ (ETI), The Conference Board-Lightcast Help Wanted OnLine® Index (HWOL Index), The Conference Board Leading Economic Index® of the US (US LEI) and The Conference Board Global Leading Economic Index® (Global LEI) data may be delayed.
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