The recent literature on real-time data analysis has shown that several economic activity measures go through important revisions over time, limiting the use of those measures. We organize a real-time data set for industrial production (IP) in Brazil and assess the revisions of the series of IP...

Economic agents make decisions using real-time data. However, recent literature has shown that several economic activity measures go through important revisions over time, impairing the reliability of real-time data. We organize a real-time dataset for Brazil’s GDP, and assess the revisions of...

Recent literature for developed economies has shown that output gap estimates go through important revisions over time, impairing their reliability in real time. We organize a real-time data set for Brazil’s GDP and assess the revisions of the output gap estimated by four different methods....