Brazil’s current account deficit widened to $5.06 billion in August 2026 from $3.78 billion a year earlier, exceeding market expectations for a $4.9 billion shortfall. The services deficit expanded 28.2% to $5.3 billion, reflecting higher transportation, intellectual property, telecommunications, computing and information, and equipment-rental costs. The primary income deficit reached $7 billion as profit and dividend expenses increased. A wider goods surplus of $6.6 billion partly offset those pressures, with exports rising 12.1% year-on-year compared with 9.4% import growth.