Economic Optimism Index in Brazil increased to 102.60 points in June from 102.40 points in May of 2026. Economic Optimism Index in Brazil averaged 104.84 points from 2024 until 2026, reaching an all time high of 110.60 points in June of 2024 and a record low of 96.70 points in October of 2025. source: Chamber of Commerce

Economic Optimism Index in Brazil is expected to be 102.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Business Owners' Confidence Index is projected to trend around 105.00 points in 2027 and 104.00 points in 2028, according to our econometric models.



Related Last Previous Unit Reference
Bank Lending Rate 63.95 62.76 percent Jun 2026
FGV Consumer Confidence 88.30 88.70 points Jul 2026
Consumer Credit 4595100.00 4574000.00 BRL Million May 2026
Consumer Spending 229985.47 239771.33 BRL Million Mar 2026
Economic Optimism Index 102.60 102.40 points Jun 2026
Gasoline Prices 1.28 1.28 USD/Liter Jul 2026
Households Debt to GDP 37.60 36.70 percent of GDP Dec 2025
Private Sector Credit 7299600.00 7258600.00 BRL Million May 2026
Retail Sales MoM 0.10 -1.60 percent May 2026
Retail Sales YoY 0.40 1.00 percent May 2026


Business Owners' Confidence Index
The Brazilian Business Owners' Confidence Index (ICEC) is a leading monthly indicator, calculated among the decision-makers of retail companies to detect the trends of the sector's actions from the point of view of the entrepreneur. The sample is composed of approximately six thousand companies located in all the capitals of the country, and the sub-indexes present dispersions ranging from zero to two hundred points. ICEC assesses current conditions, short-term expectations and investment intentions of the commerce business.
Actual Previous Highest Lowest Dates Unit Frequency
102.60 102.40 110.60 96.70 2024 - 2026 points Monthly
SA

News Stream
Brazil's Consumer Confidence Remains Stable
Brazil's seasonally adjusted FGV-IBRE Consumer Confidence Index retreated 0.1 points to 88.7 in June 2026 from 88.8 in May. Sentiment remained relatively stable, although reflecting contrasting variations. Expectations for the future worsened, with the index falling 0.9 points to 90.4, while the perception of the current situation improved, advancing 0.9 points to 87, marking the third consecutive increase and the highest level since October 2014. Purchase intentions of durable goods (80 vs 83) and future financial situation (87.7 vs 89.4) suggest a more pessimistic sentiment, although the current financial situation confidence improved (79 vs 81.3). In contrast, future local economic expectations increased by 2.4 points to 105.3, while current perceptions fell by 0.4 points to 95.4. Across income groups, consumer confidence improved among lower-income households, while sentiment deteriorated among consumers earning R$4,800 or more.
2026-06-24
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