The seasonally adjusted FGV Consumer Confidence index in Brazil fell to a 5-month low of 75.3 in September of 2021 from 81.8 in August. Economic expectations plunged (-9.1 to 81.1), the lowest since April of 2021, possibly due to the increased uncertainty regarding the pandemic with the advance of the Delta variant in the country. Meanwhile, the outlook for the financial situation of the households dropped (-12.8 to 79.7, the lowest since May of 2020). At the same time, the gauge for the current economic situation fell (-1 to 68.8)
Economic Optimism Index in Brazil averaged 91.20 Index Points from 2005 until 2021, reaching an all time high of 113.20 Index Points in April of 2012 and a record low of 58.20 Index Points in April of 2020. This page provides - Brazil Economic Optimism Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. Brazil FGV Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.
Economic Optimism Index in Brazil is expected to be 75.30 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil FGV Consumer Confidence is projected to trend around 70.00 Index Points in 2022 and 72.00 Index Points in 2023, according to our econometric models.