The seasonally adjusted FGV Consumer Confidence index in Brazil increased to 76.2 in May of 2021 from 72.5 in April, reaching the highest level in 5 months. Consumers became less pessimistic regarding their current (+4.2 to 68.7) and future (+3.2 to 82.4) situation. The gauge for the current economic situation of the country also improved (+2.3 to 73.9) and expectations for the economic situation reached the highest since October (at 109.6). Still, expectations for the financial situation of households in the coming months were unchanged (86.4) and the momentum for consumption remains very low (+0.4 to 53.5).
Economic Optimism Index in Brazil averaged 91.43 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 June of 2021.
Economic Optimism Index in Brazil is expected to be 78.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Economic Optimism Index in Brazil to stand at 67.00 in 12 months time. 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.