The Industrial Entrepreneur Confidence Index in Brazil fell to 56.5 in May 2019 from 58.4 in the previous month. It was the lowest reading in seven months, as the assessment for current conditions worsened (47.8 from 49.8 in April), namely the country's economic situation (45.6 from 49.4) and the company's situation (49 from 50.1). Also, future expectations deteriorated (60.8 from 62.6), of which the company's situation (62.2 from 63.7) and the country's economic situation (58 from 60.7). Among sectors, confidence weakened in construction (55.8 from 56.4); manufacturing (56.6 from 58.9) and mining (56.5 from 61.1).58.40 Index Points in April of 2019. Business Confidence in Brazil averaged 54.08 Index Points from 2004 until 2019, reaching an all time high of 68.50 Index Points in January of 2010 and a record low of 35 Index Points in October of 2015.

Business Confidence in Brazil is expected to be 60.10 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Brazil to stand at 64.60 in 12 months time. In the long-term, the Brazil Business Confidence is projected to trend around 65.00 Index Points in 2020, according to our econometric models.

Brazil Business Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2019-02-20 01:15 PM Business Confidence 64.5 64.7 64.0
2019-03-22 01:10 PM Business Confidence 61.9 64.5 64.3
2019-04-22 05:35 PM Business Confidence 58.4 61.9 61.5
2019-05-20 05:30 PM Business Confidence 56.5 58.4 57.8
2019-06-19 02:00 PM Business Confidence 56.5 55.2
2019-07-18 02:00 PM Business Confidence
2019-08-20 02:00 PM Business Confidence


Brazil Business Last Previous Highest Lowest Unit
Business Confidence 56.50 58.40 68.50 35.00 Index Points [+]
Manufacturing PMI 50.20 51.50 53.50 41.60 [+]
Services PMI 47.80 49.90 57.10 36.90 Index Points [+]
Composite Pmi 48.40 50.60 55.50 38.30 Index [+]
Industrial Production -3.90 -6.20 37.20 -27.70 percent [+]
Industrial Production Mom 0.30 -1.40 25.10 -24.40 percent [+]
Manufacturing Production -1.10 -5.10 18.90 -17.00 percent [+]
Capacity Utilization 77.80 76.50 84.60 75.90 percent [+]
Changes in Inventories 4517.46 -59237.51 31768.86 -59237.51 BRL Million [+]
Total Vehicle Sales 198779.00 189097.00 352722.00 23705.00 [+]
Car Production 275700.00 267546.00 352531.00 2144.00 Units [+]
Car Registrations 245.00 232.00 420.00 2.00 Thousand [+]
Leading Economic Index -0.47 -0.30 3.20 -3.26 percent [+]
Small Business Sentiment 55.10 56.90 65.40 34.50 [+]
Internet Speed 6819.06 6391.73 6819.06 698.35 KBps [+]
IP Addresses 26855780.00 26798386.00 35093076.00 5857696.00 IP [+]
Mining Production -24.00 -14.20 21.40 -24.00 percent [+]
Competitiveness Index 59.51 59.76 59.76 3.98 Points [+]
Competitiveness Rank 72.00 69.00 75.00 48.00 [+]
Ease of Doing Business 109.00 125.00 129.00 109.00 [+]
Corruption Index 35.00 37.00 43.00 27.00 Points [+]
Corruption Rank 105.00 96.00 105.00 36.00 [+]
Steel Production 2886.00 2795.00 3269.00 918.00 Thousand Tonnes [+]


Brazil Business Confidence

In Brazil, the Industrial Entrepreneur Confidence Index (ICEI) measures the current situation of businesses and its future prospects. The survey covers about 2,500 companies in 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. This page provides - Brazil Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Brazil Business Confidence - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
56.50 58.40 68.50 35.00 2004 - 2019 Index Points Monthly




Country Last Previous
Australia 7.00 May/19
Brazil 56.50 May/19
Canada 55.90 May/19
China 49.40 May/19
Euro Area 0.30 May/19
France 104.00 May/19
Germany 97.90 May/19
India 113.50 Jun/19
Indonesia 102.10 Mar/19
Italy 102.00 May/19
Japan 12.00 Mar/19
Mexico 52.40 May/19
Netherlands 4.70 May/19
Russia -1.00 May/19
Saudi Arabia 3.00 Jun/16
Singapore 1.00 Mar/19
South Africa 28.00 Jun/19
South Korea 76.00 May/19
Spain -3.30 May/19
Switzerland 94.40 May/19
Turkey 98.90 May/19
United Kingdom -13.00 Jun/19
United States 52.10 May/19


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