The seasonally adjusted FGV Consumer Confidence Index in Brazil edged higher 0.5 points from the previous month to 79.5 in July 2022, the highest since August 2021, as the recent package of government aid to households offset concerns over a decline in purchasing power due to high inflation. The subindex for future economic expectations increased by 0.7 points from the previous month to 86.6, while the gauge for current conditions dropped by 0.1 points to 70.3.
Economic Optimism Index in Brazil averaged 90.48 Index Points from 2005 until 2022, 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 August of 2022.
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. In the long-term, the Brazil FGV Consumer Confidence is projected to trend around 80.00 Index Points in 2023, according to our econometric models.