Component Series (Unit)

Source

Share price index: all shares (2005=100)

Brazil Yahoo Finance and International Monetary Fund

Manufacturing - Production: future tendency (BS) (% balance))

Gutelio Vargas Foundation

Manufacturing - Order books: level (BS) (% balance)

Gutelio Vargas Foundation

Monetary Aggregate M2 inverted

Central Bank of Brazil

Discount rate inverted

International Monetary Fund

Net Trade (f.o.b. - f.o.b.) with EU

Ministry of Development, Industry and Foreign Trade, Brazil

Reference chronology of turning points

Peak 1997M9, Trough 1999M4, Peak 2000M12, Trough 2003M7, Peak 2004M9, Trough 2006M6, Peak 2008M5, Trough 2009M4, Peak 2010M9