Small Business Sentiment in Brazil remained unchanged at 47.90 points in January. Small Business Sentiment in Brazil averaged 52.25 points from 2010 until 2026, reaching an all time high of 65.60 points in January of 2010 and a record low of 34.60 points in October of 2015. source: CNI - Brazilian National Confederation of Industry

Related	Last	Previous	Unit	Reference
Business Confidence	48.20	48.50	points	Feb 2026
Capacity Utilization	72.60	77.90	percent	Dec 2025
Car Production MoM	159552.00	184474.00	Units	Jan 2026
New Car Registrations MoM	170536.00	279416.00	Units	Jan 2026
Changes in Inventories	16607.34	51495.73	BRL Million	Sep 2025
Composite Leading Indicator	102.12	101.74	points	Jan 2026
Corruption Index	35.00	34.00	Points	Dec 2025
Corruption Rank	107.00	107.00		Dec 2025
Industrial Production YoY	0.40	-1.40	percent	Dec 2025
Industrial Production MoM	-1.20	-0.20	percent	Dec 2025
IBC-BR Economic Activity	-0.20	0.70	percent	Dec 2025
Manufacturing Production	-1.00	-2.50	percent	Dec 2025
Mining Production	7.00	4.90	percent	Dec 2025
Small Business Sentiment	47.90	47.90	points	Jan 2026
Steel Production	2700.00	2600.00	Thousand Tonnes	Jan 2026
Total Vehicle Sales	125136.00	210714.00	Units	Jan 2026

Brazil Small Business Sentiment

In Brazil, the Industrial Entrepreneur Confidence Index (ICEI) for small enterprises measures the current situation of businesses in construction, mining and manufacturing and signals changes in industrial production trends for companies with 10-49 employees. The questionnaire is made by phone and focuses on: production trends in recent months, order books, export order books, stocks and production expectations. The indicator varies on a scale of 0 to 100 where 50 indicates neutrality, 0 indicates extreme lack of confidence and 100 extreme confidence.