The seasonally adjusted FGV Consumer Confidence index in Brazil recovered to 76.3 points in October of 2021 from 75.3 points in September. Economic expectations rebounded 1.3 points to 82.4, due to an improvement in the outlook for the financial situation of the household (+3.8, to 83.5 points) and the labour market. Nevertheless, the recent increase in uncertainty and prices lull the consumers' intention to buy durable goods.

Economic Optimism Index in Brazil averaged 91.12 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 November of 2021.

Economic Optimism Index in Brazil is expected to be 75.00 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 78.00 Index Points in 2022 and 80.00 Index Points in 2023, according to our econometric models.

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Brazil FGV Consumer Confidence


Calendar GMT Actual Previous Consensus TEForecast
2021-09-24 11:00 AM Sep 75.3 81.8 81.6
2021-10-25 11:00 AM Oct 76.3 75.3 75
2021-11-24 11:00 AM Nov 76.3 76.4


Related Last Previous Unit Reference
Economic Optimism Index 76.30 75.30 Index Points Oct/21

News Stream
Brazil Consumer Confidence Rebounds
The seasonally adjusted FGV Consumer Confidence index in Brazil recovered to 76.3 points in October of 2021 from 75.3 points in September. Economic expectations rebounded 1.3 points to 82.4, due to an improvement in the outlook for the financial situation of the household (+3.8, to 83.5 points) and the labour market. Nevertheless, the recent increase in uncertainty and prices lull the consumers' intention to buy durable goods.
2021-10-25
Brazil Consumer Confidence at 5-Month Low
The seasonally adjusted FGV Consumer Confidence index in Brazil fell to a 5-month low of 75.3 in September of 2021 from 81.8 in August. Economic expectations plunged (-9.1 to 81.1), the lowest since April of 2021, possibly due to the increased uncertainty regarding the pandemic with the advance of the Delta variant in the country. Meanwhile, the outlook for the financial situation of the households dropped (-12.8 to 79.7, the lowest since May of 2020). At the same time, the gauge for the current economic situation fell (-1 to 68.8)
2021-09-24
Brazil Consumer Confidence Weakens in August
The seasonally adjusted FGV Consumer Confidence index in Brazil fell to 81.8 in August of 2021 from a nine-month high of 82.2 in July, ending a four-month sequence of improvements. Economic expectations deteriorated (-4.5 to 111.8), possibly due to the increased uncertainty regarding the pandemic with the advance of the Delta variant in the country. Meanwhile, the outlook for the financial situation of the households remained broadly stable (+0.5 to 92.5, the highest since November of 2020). At the same time, the gauge for the current economic situation fell (-1.1 to 69.8), in particular the financial situation of the households (-2.8 to 63, the lowest since April).
2021-08-25

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.