The seasonally adjusted FGV Consumer Confidence Index in Brazil rose by 3.5 points to 79 in June of 2022 from 75.5 in May, likely due to the recent package of incentives given by the government to households. The subindexes for current situation (70.4 vs 69.1 in May) and expectations for economic conditions (85.9 vs 81) significantly improved, particularly the intention to purchase durable goods.

Economic Optimism Index in Brazil averaged 90.53 Index Points from 2005 until 2022, 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 June of 2022.

Economic Optimism Index in Brazil is expected to be 77.00 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 80.00 Index Points in 2023, according to our econometric models.

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Brazil FGV Consumer Confidence



Related Last Previous Unit Reference
Economic Optimism Index 79.00 75.50 Index Points Jun 2022

Brazil FGV Consumer Confidence
IBRE/FGV's monthly Consumer Confidence Survey is designed to capture the sentiment of consumers about the general state of economy and their personal finances. Happy and optimistic consumers are likely to spend more; unhappy and pessimistic consumers spend less. Consumer confidence can thus operate to induce or reduce economic growth. Monitoring consumer sentiment can produce signals about future spending and saving that are useful for anticipating what will happen to the economy in the short run. The IBRE/FGV studies obtain, among other information, consumer assessments and forecasts about the local and family economic situation at the time and for the following months, employment prospects, and intentions and likelihood of buying high-value goods in the next six months. The Consumer Confidence Survey was started in 2002, and data are collected from over 2,000 informants in seven major state capitals: Belo Horizonte, Brasilia, Porto Alegre, Recife, Salvador, Rio de Janeiro, and São Paulo.
Actual Previous Highest Lowest Dates Unit Frequency
79.00 75.50 113.20 58.20 2005 - 2022 Index Points Monthly
SA

News Stream
Brazil Consumer Confidence Improves in June
The seasonally adjusted FGV Consumer Confidence Index in Brazil rose by 3.5 points to 79 in June of 2022 from 75.5 in May, likely due to the recent package of incentives given by the government to households. The subindexes for current situation (70.4 vs 69.1 in May) and expectations for economic conditions (85.9 vs 81) significantly improved, particularly the intention to purchase durable goods.
2022-06-24
Brazil Consumer Confidence Worsens in May
The seasonally adjusted FGV Consumer Confidence Index in Brazil fell to 75.5 in May of 2022 from 78.6 in April, which was the highest in eight months, as high inflation and troubles in finding a job continue to weigh on consumers. The expectations subindex declined to 81 from 86.1 and the gauge for the future financial situation of the household fell to 81.3, the worst since November of 2021.
2022-05-25
Brazil Consumer Confidence at 8-Month High
The seasonally adjusted FGV Consumer Confidence Index in Brazil rose to 78.6 in April of 2022, the highest since August and compared to 74.8 in the prior month. The subindexes for current situation (69.1 vs 65.3 in March) and expectations (86.1 vs 82.5) of economic conditions significantly improved, following the announcement of a package of measures to aid households with surging inflation and higher interest rates. Lower rates of Omicron variant cases and less restrictions also lifted consumer sentiment, with lower pessimism recorded regarding the labor market.
2022-04-25