The seasonally adjusted FGV Consumer Confidence index in Brazil increased for the third successive month to 80.9 in June of 2021, reaching the highest level in seven months. There was an improvement in both consumers' perception of the current situation (+2.9 to 71.6) and expectations for the coming months (+5.9 to 88.3). "For the first time since July last year, the intention to purchase durable goods has advanced more significantly, which seems related to greater optimism regarding the labor market in the coming months, although there are differences between the income groups. ”, said Viviane Seda Bittencourt, Survey Coordinator.
Economic Optimism Index in Brazil averaged 91.38 Index Points from 2005 until 2021, reaching an all time high of 113.20 Index Points in April of 2012 and a record low of 58.20 Index Points in April of 2020. This page provides - Brazil Economic Optimism Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. Brazil FGV Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
Economic Optimism Index in Brazil is expected to be 78.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Economic Optimism Index in Brazil to stand at 67.00 in 12 months time. In the long-term, the Brazil FGV Consumer Confidence is projected to trend around 70.00 Index Points in 2022 and 72.00 Index Points in 2023, according to our econometric models.