The Industrial Entrepreneur Confidence Index in Brazil fell to 64.8 in February 2020 from 65.3 in the previous month. Expectations over the next six months regarding the country's economic situation (66.8 from 67.9 in January) and the company's situation (68.4 from 68.8) deteriorated. Also, the gauge measuring the current economic situation (60 from 61.5) and the company's current situation (57.6 from 57.7) dropped. Among sectors, confidence weakened in manufacturing (65.2 from 65.7) and construction (62.9 from 64) while strengthened in mining (65.1 from 63.7).

Business Confidence in Brazil averaged 54.51 points from 2004 until 2020, reaching an all time high of 68.50 points in January of 2010 and a record low of 35 points in October of 2015. This page provides - Brazil Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Confederacao Nacional da Industria (CNI)

Business Confidence in Brazil is expected to be 64.00 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 62.00 in 12 months time. In the long-term, the Brazil Business Confidence is projected to trend around 62.00 points in 2021 and 65.00 points in 2022, according to our econometric models.


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Brazil Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
64.80 65.30 68.50 35.00 2004 - 2020 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2019-11-20 02:00 PM Nov 62.5 59.3 59.5
2019-12-18 01:10 PM Dec 64.3 62.5 61
2020-01-23 01:10 PM Jan 65.3 64.3 65
2020-02-20 02:00 PM Feb 64.8 65.3 64.5
2020-03-18 02:00 PM Mar 64.8 64
2020-04-23 02:00 PM Apr
2020-05-20 02:00 PM May
2020-06-19 02:00 PM Jun 63


News Stream
Brazil Business Sentiment Deteriorates in February
The Industrial Entrepreneur Confidence Index in Brazil fell to 64.8 in February 2020 from 65.3 in the previous month. Expectations over the next six months regarding the country's economic situation (66.8 from 67.9 in January) and the company's situation (68.4 from 68.8) deteriorated. Also, the gauge measuring the current economic situation (60 from 61.5) and the company's current situation (57.6 from 57.7) dropped. Among sectors, confidence weakened in manufacturing (65.2 from 65.7) and construction (62.9 from 64) while strengthened in mining (65.1 from 63.7).
2020-02-20
Brazil Business Morale at Over 10-Year High in January
The Industrial Entrepreneur Confidence Index in Brazil rose to 65.3 in January 2020 from 64.3 in the previous month. It was the highest reading since June 2010, driven by an improvement in the gauge measuring the current economic situation (61.5 from 59.2 in December) and the company's current situation (57.7 from 57.6). In addition, expectations over the next six months regarding the country's economic situation (67.9 from 66.5) and the company's situation (68.8 from 67.9) increased. Among sectors, confidence strengthened in manufacturing (65.7 from 64.6) and construction (64 from 63.1) while weakened in mining (63.7 from 65).
2020-01-23
Brazil Business Morale at 10-Month High in December
The Industrial Entrepreneur Confidence Index in Brazil increased to 64.3 in December 2019 from 62.5 in the previous month. It was the highest reading since February, boosted by an improvement in the gauge measuring the current economic situation (59.2 from 56.7 in November) and the company's current situation (57.6 from 56.1). Also, expectations over the next six months regarding the country's economic situation (66.5 from 64.2) and the company's situation (67.9 from 66.3) increased. Among sectors, confidence strengthened in manufacturing (64.6 from 62.6); mining (65 from 64.8) and construction (63.1 from 62).
2019-12-18
Brazil Business Morale at 9-Month High in November
The Industrial Entrepreneur Confidence Index in Brazil rose to 62.5 in November 2019 from 59.3 in the previous month. It was the highest reading in nine months, as the gauge measuring the current economic situation (56.7 from 51.8 in September) and the company's current situation (56.1 from 52.3) increased. Also, expectations over the next six months regarding the country's economic situation (64.2 from 61.1) and the company's situation (66.3 from 63.8) improved.
2019-11-20

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.