The industry confidence indicator in Brazil rose to 57.8 in June of 2022, from 56.5 in the previous month, reaching the highest level since last October. Sentiment improved regarding the current conditions of the company (52.8 vs 51.1 in May) and the Brazilian economy (48.9 vs 45.8). At the same time, entrepreneurs were more optimistic about the future of the company (62.8 vs 62.1) and the economy (57.3 vs 55.9). source: Confederacao Nacional da Industria (CNI)

Business Confidence in Brazil averaged 54.75 points from 2004 until 2022, reaching an all time high of 68.30 points in January of 2010 and a record low of 34.50 points in April of 2020. This page provides - Brazil Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Brazil Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.

Business Confidence in Brazil is expected to be 56.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Business Confidence is projected to trend around 53.00 points in 2023, according to our econometric models.

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Brazil Business Confidence



Calendar GMT Actual Previous Consensus TEForecast
2022-05-12 02:00 PM May 56.5 56.8 56
2022-06-14 03:30 PM Jun 57.8 56.5 56
2022-07-12 05:00 PM Jul 57.8


Related Last Previous Unit Reference
Business Confidence 57.80 56.50 points Jun 2022
Capacity Utilization 80.90 80.90 percent Apr 2022

Brazil Business Confidence
In Brazil, the Industrial Entrepreneur Confidence Index (ICEI) measures the current situation of businesses and their future prospects. The survey covers about 2,500 companies in the construction, mining, and manufacturing industries. 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.
Actual Previous Highest Lowest Dates Unit Frequency
57.80 56.50 68.30 34.50 2004 - 2022 points Monthly

News Stream
Brazil Business Morale Hits 8-Month High
The industry confidence indicator in Brazil rose to 57.8 in June of 2022, from 56.5 in the previous month, reaching the highest level since last October. Sentiment improved regarding the current conditions of the company (52.8 vs 51.1 in May) and the Brazilian economy (48.9 vs 45.8). At the same time, entrepreneurs were more optimistic about the future of the company (62.8 vs 62.1) and the economy (57.3 vs 55.9).
2022-06-14
Brazil Business Confidence Eases in May
The industry confidence indicator in Brazil was at 56.5 in May of 2022, slightly below the six-month high of 56.8 hit in the prior month. Sentiment deteriorated regarding the current conditions of the Brazilian economy (45.8 vs 47.4 in April) and respondents’ businesses (51.1 vs 51.2). At the same time confidence decreased for future expectations for the Brazilian economy (55.9 vs 56.4) but remained constant for respondents’ businesses (at 62.1).
2022-05-12
Brazil Business Confidence Hits 6-Month High
The industry confidence indicator in Brazil rose by 1.4 points from the prior month to 56.8 in April of 2022, the highest reading since October 2021 and marking the first gain in confidence this year. Sentiment regarding the current conditions of the Brazilian economy improved (56.8 vs 55.4 in March), while that of respondents’ businesses increased (49.9 vs 48.9). At the same time, optimism for the next six months improved for the Brazilian economy (56.4 vs 54.4) and respondents’ businesses (62.1 vs 60.8).
2022-04-14