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 July of 2022.
Business Confidence in Brazil is expected to be 57.00 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.