Brazil's Industrial Business Confidence Index fell 1.4 points to 45.2 in April 2026, marking the lowest level since June 2020 and the third consecutive monthly decline. The Current Conditions Index dropped 1.6 points to 40.5, driven primarily by a 3.2-point fall in entrepreneurs' assessment of Brazil's economic conditions to 33.2 points, while the index for current company conditions declined 0.8 points to 44.1 points. The Expectations Index also weakened, falling 1.2 points to 47.6, as the expectations index for Brazil's economy slid 1.7 points to 38.7 points, reflecting deepening pessimism, while expectations for their own companies fell 1.0 point to 52.0 points, signaling reduced optimism. source: Confederacao Nacional da Industria (CNI)

Business Confidence in Brazil decreased to 45.20 points in April from 46.60 points in March of 2026. Business Confidence in Brazil averaged 53.93 points from 2004 until 2026, reaching an all time high of 68.30 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 April of 2026.

Business Confidence in Brazil decreased to 45.20 points in April from 46.60 points in March of 2026. Business Confidence in Brazil is expected to be 46.50 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 48.50 points in 2027 and 52.00 points in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-03-18 02:00 PM
Business Confidence
Mar 46.6 48.2 47.5
2026-04-15 02:00 PM
Business Confidence
Apr 45.2 46.6 46
2026-05-15 02:00 PM
Business Confidence
May 45.2


Related Last Previous Unit Reference
Business Confidence 45.20 46.60 points Apr 2026
Capacity Utilization 77.30 77.50 percent Feb 2026
Car Production MoM 264000.00 204300.00 Units Mar 2026
New Car Registrations MoM 269500.00 185200.00 Units Mar 2026
Changes in Inventories -113828.00 16607.34 BRL Million Dec 2025
Composite Leading Indicator 103.85 103.51 points Mar 2026
Corruption Index 35.00 34.00 Points Dec 2025
Corruption Rank 107.00 107.00 Dec 2025
Industrial Production YoY -0.70 0.20 percent Feb 2026
Industrial Production MoM 0.90 2.10 percent Feb 2026
IBC-BR Economic Activity 0.60 0.80 percent Feb 2026
Manufacturing Production -2.60 -1.80 percent Feb 2026
Mining Production 10.20 11.80 percent Feb 2026
Small Business Sentiment 47.90 47.90 points Jan 2026
Steel Production 2800.00 2500.00 Thousand Tonnes Mar 2026
Total Vehicle Sales 206375.00 140537.00 Units Mar 2026


Brazil Business Confidence
In Brazil, the Industrial Entrepreneur Confidence Index (ICEI) measures the current situation of businesses and their future prospects. The survey covers about 2,500 companies in the 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.
Actual Previous Highest Lowest Dates Unit Frequency
45.20 46.60 68.30 34.50 2004 - 2026 points Monthly

News Stream
Brazil Business Confidence Falls to Lowest Since June 2020
Brazil's Industrial Business Confidence Index fell 1.4 points to 45.2 in April 2026, marking the lowest level since June 2020 and the third consecutive monthly decline. The Current Conditions Index dropped 1.6 points to 40.5, driven primarily by a 3.2-point fall in entrepreneurs' assessment of Brazil's economic conditions to 33.2 points, while the index for current company conditions declined 0.8 points to 44.1 points. The Expectations Index also weakened, falling 1.2 points to 47.6, as the expectations index for Brazil's economy slid 1.7 points to 38.7 points, reflecting deepening pessimism, while expectations for their own companies fell 1.0 point to 52.0 points, signaling reduced optimism.
2026-04-15
Brazil’s Industrial Confidence Falls in March
Brazil’s Industrial Business Confidence Index fell 1.6 points to 46.6 in March 2026, marking its second straight decline and nearly erasing all gains since August 2025. The Current Conditions Index dropped to 42.1 from 43.8, reflecting worsening views on both the national economy and company-specific situations. The Expectations Index fell to 48.8 from 50.4, dipping below 50 for the first time since November 2025, signaling negative outlooks for the next six months. This shift reflects growing uncertainty among industrial leaders, driven by persistent macroeconomic headwinds, high interest rates, and geopolitical risks, particularly the Middle East conflict affecting global commodity markets and trade. Businesses are turning more cautious, with broader economic sentiment outweighing any remaining resilience in company-level forecasts.
2026-03-18
Brazil Industrial Confidence Slips Further in February
Brazil’s Industrial Business Confidence Index fell 0.3 point to 48.2 in February 2026, remaining below the 50-point threshold. The Current Conditions Index declined to 43.8, down 0.2 point from January. Entrepreneurs’ assessment of the broader Brazilian economy became slightly less negative (+0.6 point to 38.6), while perceptions of their own companies worsened (-0.6 point to 46.4). The Expectations Index also eased to 50.4, down 0.3 point. Expectations for firms weakened (-0.5 point to 54.3), while outlooks for the Brazilian economy improved marginally (+0.2 point to 42.7), though they remained in negative territory.
2026-02-19