Brazil’s Industrial Business Confidence Index fell 2.3 points to 44.4 in July 2026 from the previous month, marking its second consecutive decline and the 19th consecutive reading below the 50-point threshold, according to the National Confederation of Industry (CNI). The reading was also the lowest since June 2020, reflecting more widespread pessimism among manufacturers. The Current Conditions Index slipped 0.7 point to 41.6, as assessments of the Brazilian economy fell 1.3 points to 34.7 and firms’ own conditions declined 0.3 point to 45.1, indicating businesses continued to view conditions as worse than six months earlier. Meanwhile, the Expectations Index dropped 3.1 points to 45.8, its steepest decline since November 2022. Expectations for the Brazilian economy fell 3.8 points to 37.2, while firms’ own outlook weakened 2.7 points to 50.1, nearly eliminating the optimism recorded in previous months. source: Confederacao Nacional da Industria (CNI)

Business Confidence in Brazil decreased to 44.40 points in July from 46.70 points in June of 2026. Business Confidence in Brazil averaged 53.82 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 July of 2026.

Business Confidence in Brazil decreased to 44.40 points in July from 46.70 points in June of 2026. Business Confidence in Brazil is expected to be 47.90 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
2026-06-15 06:00 PM
Business Confidence
Jun 46.7 47.2 46.5
2026-07-13 10:00 PM
Business Confidence
Jul 44.4 46.7 46.3
2026-08-13 02:00 PM
Business Confidence
Aug 44.4


Related Last Previous Unit Reference
Business Confidence 44.40 46.70 points Jul 2026
Capacity Utilization 77.30 76.70 percent May 2026
Car Production MoM 246000.00 253500.00 Units Jun 2026
New Car Registrations MoM 272500.00 274700.00 Units Jun 2026
Changes in Inventories 73060.00 -113828.00 BRL Million Mar 2026
Composite Leading Indicator 103.52 103.66 points Jun 2026
Corruption Index 35.00 34.00 Points Dec 2025
Corruption Rank 107.00 107.00 Dec 2025
Industrial Production YoY 0.20 2.70 percent May 2026
Industrial Production MoM -0.20 0.70 percent May 2026
IBC-BR Economic Activity 0.50 -0.70 percent Apr 2026
Manufacturing Production -0.30 1.30 percent May 2026
Mining Production 3.10 10.60 percent May 2026
Small Business Sentiment 44.60 46.10 points Apr 2026
Steel Production 2800.00 2700.00 Thousand Tonnes May 2026
Total Vehicle Sales 214300.00 187313.00 Units May 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
44.40 46.70 68.30 34.50 2004 - 2026 points Monthly

News Stream
Brazil Industrial Confidence Weakest Since 2020
Brazil’s Industrial Business Confidence Index fell 2.3 points to 44.4 in July 2026 from the previous month, marking its second consecutive decline and the 19th consecutive reading below the 50-point threshold, according to the National Confederation of Industry (CNI). The reading was also the lowest since June 2020, reflecting more widespread pessimism among manufacturers. The Current Conditions Index slipped 0.7 point to 41.6, as assessments of the Brazilian economy fell 1.3 points to 34.7 and firms’ own conditions declined 0.3 point to 45.1, indicating businesses continued to view conditions as worse than six months earlier. Meanwhile, the Expectations Index dropped 3.1 points to 45.8, its steepest decline since November 2022. Expectations for the Brazilian economy fell 3.8 points to 37.2, while firms’ own outlook weakened 2.7 points to 50.1, nearly eliminating the optimism recorded in previous months.
2026-07-14
Brazil Industrial Confidence Falls Further in June
Brazil’s Industrial Business Confidence Index fell 0.5 point to 46.7 in June 2026 from the previous month, marking its 18th consecutive reading below the 50-point threshold. The Current Conditions Index declined 0.6 point to 42.3, driven mainly by a 0.9-point drop in assessments of companies’ own conditions to 45.4. Meanwhile, the indicator for the broader Brazilian economy slipped 0.1 point to 36.0, signaling a perception of worsening economic conditions. The Expectations Index also weakened, falling 0.4 point to 48.9. While expectations for the Brazilian economy edged up 0.1 point to 41.0, the indicator for companies’ own prospects declined 0.7 point to 52.8.
2026-06-15
Brazil Industrial Confidence Rises in May
Brazil’s Industrial Business Confidence Index rose 2 points to 47.2 in May 2026, ending a three-month sequence of declines, though it remained below the 50-point threshold that separates optimism from pessimism. The Current Conditions Index increased 2.4 points to 42.9, reflecting improved assessments of both companies’ current conditions (+2.2 points to 46.3) and the broader Brazilian economy (+2.9 points to 36.1), although perceptions remained negative overall. Meanwhile, the Expectations Index rose 1.7 points to 49.3, moving closer to the neutral 50 mark and signaling less pessimistic views for the next six months. Expectations for the Brazilian economy increased 2.2 points to 40.9, while confidence regarding firms’ own outlook improved 1.5 points to 53.5.
2026-05-15