Economic Optimism Index in Brazil decreased to 86.10 points in February from 87.30 points in January of 2026. Economic Optimism Index in Brazil averaged 90.30 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.

Economic Optimism Index in Brazil is expected to be 85.00 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
2026-01-26 11:00 AM
FGV Consumer Confidence
Jan 87.3 90.2 89
2026-02-23 11:00 AM
FGV Consumer Confidence
Feb 86.1 87.3 88
2026-03-25 11:00 AM
FGV Consumer Confidence
Mar 86.1 85


Related Last Previous Unit Reference
Bank Lending Rate 61.00 60.10 percent Jan 2026
Consumer Credit 4423600.00 4381100.00 BRL Million Dec 2025
Consumer Spending 239771.33 235568.72 BRL Million Dec 2025
FGV Consumer Confidence 86.10 87.30 points Feb 2026
Gasoline Prices 1.23 1.22 USD/Liter Feb 2026
Households Debt to GDP 36.50 36.60 percent of GDP Jun 2025
Private Sector Credit 7115600.00 7130200.00 BRL Million Jan 2026
Retail Sales MoM -0.40 1.00 percent Dec 2025
Retail Sales YoY 2.30 1.50 percent Dec 2025


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
86.10 87.30 113.20 58.20 2005 - 2026 points Monthly
SA

News Stream
Brazil Consumer Confidence Falls to 3-Month Low
Brazil’s seasonally adjusted FGV-IBRE Consumer Confidence Index fell to 87.3 in January 2026, its lowest level since October. The Expectations Index dropped 2.5 points to 91.3, also the weakest since October. Within expectations, the outlook for the local economy declined sharply, falling 5.8 points to 102.2, while households’ future financial situation fell 4.6 points to 87.8. The only positive contribution came from intended purchases of durable goods, which rose 3.4 points to 85.5, the highest since August. The Current Situation Index also weakened, slipping 0.8 point to 82.6, its second consecutive decline. Within this subindex, perceptions of the current local economy improved by 1.4 points to 95.5, but assessments of households’ current financial situation fell 2.9 points to 70.1. On a three-month moving average, overall confidence edged up 0.1 point to 88.4.
2026-01-26
Brazil Consumer Confidence Hits One-Year High in December
Brazil’s seasonally adjusted FGV-IBRE Consumer Confidence Index rose to 90.2 in December 2025 from 89.8 in November, the highest level since December 2024. The Expectations Index increased by 1.4 points to 95.2, also a one-year high. Within expectations, households’ outlook for their future financial situation edged up 0.1 point to 93.0, while intentions to purchase durable goods rose 0.3 point to 84.9. The indicator for the future local economic situation recorded a stronger gain, rising 3.6 points to 108.3, the highest since September 2024. In contrast, the Current Situation Index fell 1.4 points to 83.4 after two consecutive increases. The assessment of the current local economic situation declined 1.7 points to 94.1, while households’ current financial situation fell 1.0 point to 73.1.
2025-12-22
Brazil Consumer Confidence Hits 11-Month High
Brazil’s seasonally adjusted FGV-IBRE Consumer Confidence Index rose to 89.8 in November 2025 from 88.5 in October, the highest level since December 2024. The Current Situation Index increased 1.8 points to 84.8, its strongest reading since December 2014. The indicator of current local economic conditions edged up 0.3 point to 95.8, the highest since January 2014, while the indicator of current family finances rose 3.3 points to 74.1 after two months of declines. The Expectations Index climbed 1.0 point to 93.8. Its components showed gains in expected family finances, up 3.2 points to 92.9, and planned durable goods purchases, up 2.0 points to 84.6. The only decline came from expected local economic conditions, which fell 2.2 points to 104.7.
2025-11-24