The industry confidence indicator in Brazil edged down to 56 in November of 2021, the lowest since April, from 57.8 in the previous month. All main subindexes declined including entrepreneurs’ perception of future expectations (61.7 vs 63.2 in October), current conditions (52.3 vs 53.5), economic expectations for the future (53.9 vs 56.3), and current conditions (44.3 vs 47.4). source: Confederacao Nacional da Industria (CNI)

Business Confidence in Brazil averaged 54.67 points from 2004 until 2021, reaching an all time high of 68.50 points in January of 2010 and a record low of 34.50 points in April of 2020. This page provides - Brazil Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Brazil Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.

Business Confidence in Brazil is expected to be 59.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Business Confidence is projected to trend around 52.00 points in 2022 and 50.00 points in 2023, according to our econometric models.

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Brazil Business Confidence


Calendar GMT Actual Previous Consensus TEForecast
2021-10-14 03:00 PM Oct 57.8 58 57
2021-11-12 01:00 PM Nov 56 57.8 57
2021-12-10 02:00 PM Dec 56 55


Related Last Previous Unit Reference
Business Confidence 56.00 57.80 points Nov/21
Capacity Utilization 81.60 81.80 percent Sep/21

News Stream
Brazil Business Confidence Weakens to 7-Month Low
The industry confidence indicator in Brazil edged down to 56 in November of 2021, the lowest since April, from 57.8 in the previous month. All main subindexes declined including entrepreneurs’ perception of future expectations (61.7 vs 63.2 in October), current conditions (52.3 vs 53.5), economic expectations for the future (53.9 vs 56.3) and current conditions (44.3 vs 47.4).
2021-11-12
Brazil Business Confidence Weakens to 6-Month Low
The industry confidence indicator in Brazil edged down 0.2 points to 57.8 in October of 2021 from 58 in September. It was the lowest reading since April as the entrepreneur's perception of current conditions (53.5 vs 54.6 in September) and future expectations deteriorated (63.2 vs 63.4). On the other hand, the gauge measuring the current economic situation (47.4 vs 47.3) and expectations over the next six months regarding the economy (56.3 vs 56) improved.
2021-10-14
Brazil Business Confidence at 5-Month Low
The industry confidence indicator in Brazil declined to 58 in September of 2021 from 62 in the previous month. The index fell for the first time in five months to the lowest since April, dragged down by rising inflation and uncertainties over the water crisis and the political scenario. Expectations deteriorated for both the country's economic situation (56 from 63.1 in August) and the company's situation (63.4 from 67.5). Still, business confidence remains above the long-term average of 54.
2021-09-14

Brazil Business Confidence
In Brazil, the Industrial Entrepreneur Confidence Index (ICEI) measures the current situation of businesses and its future prospects. The survey covers about 2,500 companies in construction, mining and manufacturing industries. The questionnaire is made by phone and focuses on: production trends in recent months, order books, export order books, stocks and production expectations. The indicator varies on a scale of 0 to 100 where 50 indicates neutrality, 0 indicates extreme lack of confidence and 100 extreme confidence.