The Industrial Entrepreneur Confidence Index in Brazil rose to 61.7 in June of 2021 from 58.5 in the previous month. Business sentiment has risen for the second consecutive month to its highest since December of 2020, as all sub-indices improved, mainly nudged by current domestic economic conditions (+4.6 to 54.8). source: Confederacao Nacional da Industria (CNI)

Business Confidence in Brazil averaged 54.52 points from 2004 until 2021, reaching an all time high of 68.50 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 June of 2021.

Business Confidence in Brazil is expected to be 56.30 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 58.00 in 12 months time. In the long-term, the Brazil Business Confidence is projected to trend around 63.00 points in 2022, according to our econometric models.

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Brazil Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
61.70 58.50 68.50 34.50 2004 - 2021 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-03-10 02:15 PM Mar 54.4 59.5 61
2021-04-14 02:00 PM Apr 53.7 54.4 52
2021-05-12 02:00 PM May 58.5 53.7 54
2021-06-14 05:00 PM Jun 61.7 58.5 56
2021-07-12 01:45 PM Jul 61.7 60
2021-08-11 01:40 PM Aug
2021-09-14 01:30 PM Sep
2021-10-14 06:30 PM Oct


News Stream
Brazil Business Confidence Hits Six-Month Peak
The Industrial Entrepreneur Confidence Index in Brazil rose to 61.7 in June of 2021 from 58.5 in the previous month. Business sentiment has risen for the second consecutive month to its highest since December of 2020, as all sub-indices improved, mainly nudged by current domestic economic conditions (+4.6 to 54.8).
2021-06-14
Brazil Business Sentiment Improves in May
The Industrial Entrepreneur Confidence Index in Brazil rose sharply to 58.5 in May of 2021 from 53.7 in the previous month, halting a sequence of four successive declines. It was the highest reading since February, mainly due to an improvement in the entrepreneur's perception of current conditions (50.2 vs 44.9 in April). Meantime, future expectations continued to strengthen (62.6 vs 58.1).
2021-05-12
Brazil Business Sentiment Edges Down to 9-Month Low
The Industrial Entrepreneur Confidence Index in Brazil went down by 0.7 points to 53.7 in April of 2021, the fourth straight month of declines and the lowest level since July of 2020 amid resurging coronavirus infections in the country. The current opinions about the state of the economy (39.5 from 43.5 in March) and the company's situation (47.6 from 51.6) were less favourable. On the other hand, there were improvements in expectations regarding the country's economic situation (53.3 from 52.2) and the company's situation (60.5 from 59.6).
2021-04-14
Brazil Business Sentiment Falls to 8-Month Low
The Industrial Entrepreneur Confidence Index in Brazil fell by 5.1 points to 54.4 in March of 2021, the lowest level since July. The current opinion about the state of the economy (43.5 from 49.6 in February) and the company's situation (51.6 from 55.1) was less favourable. Additionally, there was a deterioration in expectations regarding the country's economic situation (52.2 from 59) and the company's situation (59.6 from 64.3).
2021-03-10

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.