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.

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.

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.