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. source: Confederacao Nacional da Industria (CNI)
Business Confidence in Brazil decreased to 46.60 points in March from 48.20 points in February of 2026. Business Confidence in Brazil averaged 53.97 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 46.60 points in March from 48.20 points in February of 2026. Business Confidence in Brazil is expected to be 47.50 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.