# Brazil's real lags Latam FX on a barrage of weak data | Financial Post

> Brazil's real fell more than 1% against the dollar after central bank data showed record national debt and public sector deficit at year-end. Services confidence fell in January and annual producer inflation hit a historic high. Mexico's peso rose after fourth-quarter GDP beat expectations.

- Date: 2021-01-29 · published 2021-01-29T12:00:00.000Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/49383-brazil-s-real-lags-latam-fx-on-a-barrage-of-weak-data-financial-post
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

A weaker real raises the cost of Brazilian-origin feed ingredients and soybean meal for buyers pricing in BRL. Fiscal stress in Brazil adds to currency volatility that can shift export competitiveness.

## Read by commodity

- USDBRL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2020-07-23 | [Latam FX weakens, Brazil's real comes off one-month high \| Financial Post](https://feedsoft.ai/events/52312-latam-fx-weakens-brazil-s-real-comes-off-one-month-high-financial-post.md) | +1.0% | +8.0% |
| USDBRL | 2021-05-12 | [Colombian peso falls on protests, Brazil real leads Latam FX declines \| Financial Post](https://feedsoft.ai/events/47400-colombian-peso-falls-on-protests-brazil-real-leads-latam-fx-declines-financial.md) | +0.5% | -2.8% |
| USDBRL | 2023-05-31 | [Brazil's real leads fall in Latam FX, Chile's peso down as copper output drops \| Financial Post](https://feedsoft.ai/events/36145-brazil-s-real-leads-fall-in-latam-fx-chile-s-peso-down-as-copper-output-drops.md) | -3.0% | -4.3% |
| USDBRL | 2023-01-02 | [Brazilian real, stocks kick off 2023 on a lower note \| Financial Post](https://feedsoft.ai/events/37981-brazilian-real-stocks-kick-off-2023-on-a-lower-note-financial-post.md) | -0.4% | -3.6% |
| USDBRL | 2020-11-11 | [Brazil's real, Mexican peso hit by tepid economic data \| Financial Post](https://feedsoft.ai/events/50377-brazil-s-real-mexican-peso-hit-by-tepid-economic-data-financial-post.md) | -1.2% | -5.9% |

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/brazils-real-lags-latam-fx-on-a-barrage-of-weak-data

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.