Brazil's seasonally adjusted FGV-IBRE Consumer Confidence Index retreated 0.3 points to 88.8 in May 2026, following two consecutive months of improvement. The survey showed mixed signals across components, with the Expectations Index (IE) falling 1.0 point to 91.3, while the Current Situation Index (ISA) rose 0.8 points to 86.1, its highest level since December 2014 (86.5). The decline was driven by weaker expectations for the coming months alongside a still favorable assessment of current conditions, with the current situation index holding at its highest level since end-2014. Consumers earning up to R$4,800 showed a deterioration in future expectations, reflecting greater sensitivity to economic uncertainty. Overall, the May results point to stable current conditions but increased caution about the outlook ahead,” said Anna Carolina Gouveia, economist at FGV IBRE.

Economic Optimism Index in Brazil decreased to 88.80 points in May from 89.10 points in April of 2026. Economic Optimism Index in Brazil averaged 90.28 points from 2005 until 2026, reaching an all time high of 113.20 points in April of 2012 and a record low of 58.20 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 June of 2026.

Economic Optimism Index in Brazil decreased to 88.80 points in May from 89.10 points in April of 2026. Economic Optimism Index in Brazil is expected to be 90.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil FGV Consumer Confidence is projected to trend around 95.00 points in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-04-24 11:00 AM
FGV Consumer Confidence
Apr 89.1 88.1 87
2026-05-25 11:00 AM
FGV Consumer Confidence
May 88.8 89.1 89.6
2026-06-24 11:00 AM
FGV Consumer Confidence
Jun 88.8 90


Related Last Previous Unit Reference
Bank Lending Rate 63.00 61.50 percent Apr 2026
Consumer Credit 4563000.00 4536100.00 BRL Million Apr 2026
Consumer Spending 229985.47 239771.33 BRL Million Mar 2026
FGV Consumer Confidence 88.80 89.10 points May 2026
Gasoline Prices 1.30 1.34 USD/Liter May 2026
Households Debt to GDP 37.60 36.70 percent of GDP Dec 2025
Private Sector Credit 7245300.00 7221500.00 BRL Million Apr 2026
Retail Sales MoM -1.50 0.70 percent Apr 2026
Retail Sales YoY 1.00 4.00 percent Apr 2026


Brazil FGV Consumer Confidence
IBRE/FGV's monthly Consumer Confidence Survey is designed to capture the sentiment of consumers about the general state of economy and their personal finances. Happy and optimistic consumers are likely to spend more; unhappy and pessimistic consumers spend less. Consumer confidence can thus operate to induce or reduce economic growth. Monitoring consumer sentiment can produce signals about future spending and saving that are useful for anticipating what will happen to the economy in the short run. The IBRE/FGV studies obtain, among other information, consumer assessments and forecasts about the local and family economic situation at the time and for the following months, employment prospects, and intentions and likelihood of buying high-value goods in the next six months. The Consumer Confidence Survey was started in 2002, and data are collected from over 2,000 informants in seven major state capitals: Belo Horizonte, Brasilia, Porto Alegre, Recife, Salvador, Rio de Janeiro, and São Paulo.
Actual Previous Highest Lowest Dates Unit Frequency
88.80 89.10 113.20 58.20 2005 - 2026 points Monthly
SA

News Stream
Brazil's Consumer Confidence Weakens
Brazil's seasonally adjusted FGV-IBRE Consumer Confidence Index retreated 0.3 points to 88.8 in May 2026, following two consecutive months of improvement. The survey showed mixed signals across components, with the Expectations Index (IE) falling 1.0 point to 91.3, while the Current Situation Index (ISA) rose 0.8 points to 86.1, its highest level since December 2014 (86.5). The decline was driven by weaker expectations for the coming months alongside a still favorable assessment of current conditions, with the current situation index holding at its highest level since end-2014. Consumers earning up to R$4,800 showed a deterioration in future expectations, reflecting greater sensitivity to economic uncertainty. Overall, the May results point to stable current conditions but increased caution about the outlook ahead,” said Anna Carolina Gouveia, economist at FGV IBRE.
2026-05-25
Brazil's Consumer Confidence Up to 4-Month High
Brazil's seasonally adjusted FGV-IBRE Consumer Confidence Index advanced 1 point to 89.1 in April 2026, its highest level since December 2025. The increase was influenced by improvements in both survey horizons, with current conditions providing the main boost. The current situation index rose 2.1 points to 83.2, as the indicator of the households' current financial situation rose 3.9 points to 76.0 points, the highest level since February 2020, and the indicator of the current local economic situation advanced 0.3 points to 95.0 points. At the same time, the expectations index edged up 0.2 points to 92.3 points, with the indicator of households’ future financial situation rising 0.9 points to 90.3, its highest since December 2025, while prospects for the economy stayed at 105.5. Planned purchases of durable goods, however, slipped 0.3 points to 82.5.
2026-04-24
Brazil's Consumer Confidence Hits 3-Month High
Brazil's seasonally adjusted FGV-IBRE Consumer Confidence Index rose 2.0 points to 88.1 in March 2026, its highest level since December 2025. The gain was driven by improved expectations for the coming months. The Expectations Index jumped 3.4 points to 92.1, with household future financial situation rising 6.5 points to 89.4 and future local economic situation advancing 1.8 points to 105.5, both reaching December 2025 highs. Planned durable goods purchases rose 1.1 points to 82.8. The Current Situation Index fell 0.3 points to 83.2, as current local economic situation declined 1.4 points to 94.7, though current household financial situation rose 0.8 points to 72.1. Confidence improved across most income groups except those earning over R$9,600. On a three-month moving average, confidence fell 0.3 points to 87.2.
2026-03-25