The Industrial Entrepreneur Confidence Index in Brazil rose further to 63.8 in December 2018 from 63.2 in the previous month. It is the strongest reading since June 2010, as the assessment for current conditions improved (53.5 from 52.7 in October), namely regarding the country's economic situation (53.6 from 51.9) and also the company's situation (53.6 from 53.1). In addition, future expectations increased (68.9 from 68.5), driven by optimism concerning the company's situation (69.2 from 68.7) while no changes are expected for the country's economic situation (68.4, the same as in November). Among sectors, confidence strengthened in mining (67.3 from 65.7), manufacturing (64.0 from 63.8) and construction (62.3 from 60.7). Business Confidence in Brazil averaged 53.81 Index Points from 2004 until 2018, reaching an all time high of 68.50 Index Points in January of 2010 and a record low of 35 Index Points in October of 2015.

Business Confidence in Brazil is expected to be 64.30 Index 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 64.80 in 12 months time. In the long-term, the Brazil Business Confidence is projected to trend around 65.00 Index Points in 2020, according to our econometric models.

Brazil Business Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-20 01:20 PM Business Confidence 52.8 53.3 53.0
2018-10-19 01:00 PM Business Confidence 53.7 52.8 52.2
2018-11-22 01:00 PM Business Confidence 63.2 53.7 54
2018-12-17 04:30 PM Business Confidence 63.8 63.2 64
2019-01-23 01:00 PM Business Confidence 63.8 64.2
2019-02-22 02:00 PM Business Confidence 64.0
2019-03-21 02:00 PM Business Confidence 64.3


Brazil Business Last Previous Highest Lowest Unit
Business Confidence 63.80 63.20 68.50 35.00 Index Points [+]
Manufacturing PMI 52.60 52.70 53.50 41.60 [+]
Services PMI 51.90 51.30 57.10 36.90 Index Points [+]
Composite Pmi 52.40 51.60 55.50 38.30 Index [+]
Industrial Production -0.90 0.80 37.20 -27.70 percent [+]
Industrial Production Mom 0.10 -0.10 25.10 -24.40 percent [+]
Manufacturing Production -1.50 0.40 18.90 -17.00 percent [+]
Capacity Utilization 76.80 77.10 84.60 75.90 percent [+]
Changes in Inventories -7097.92 10780.29 31768.86 -47224.27 BRL Million [+]
Total Vehicle Sales 189411.00 192146.00 352722.00 23705.00 [+]
Car Production 177700.00 244771.00 352531.00 2144.00 Units [+]
Car Registrations 235.00 231.00 420.00 2.00 Thousand [+]
Leading Economic Index 0.29 0.02 3.41 -3.36 percent [+]
Small Business Sentiment 63.10 61.90 65.40 34.50 [+]
Internet Speed 6819.06 6391.73 6819.06 698.35 KBps [+]
IP Addresses 26855780.00 26798386.00 35093076.00 5857696.00 IP [+]
Mining Production 3.30 3.90 21.40 -21.40 percent [+]
Competitiveness Index 59.51 59.76 59.76 3.98 Points [+]
Competitiveness Rank 72.00 69.00 75.00 48.00 [+]
Ease of Doing Business 109.00 125.00 129.00 109.00 [+]
Corruption Index 37.00 40.00 43.00 27.00 Points [+]
Corruption Rank 96.00 79.00 96.00 36.00 [+]
Steel Production 2844.00 3135.00 3269.00 918.00 Thousand Tonnes [+]


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. This page provides - Brazil Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Brazil Business Confidence - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
63.80 63.20 68.50 35.00 2004 - 2018 Index Points Monthly




Country Last Previous
Australia 3.00 Nov/18
Brazil 63.80 Dec/18
Canada 59.70 Dec/18
China 49.40 Dec/18
Euro Area 0.82 Dec/18
France 104.00 Dec/18
Germany 101.00 Dec/18
India 64.90 Jun/18
Indonesia 108.05 Sep/18
Italy 103.60 Dec/18
Japan 19.00 Dec/18
Mexico 49.20 Dec/18
Netherlands 7.50 Dec/18
Russia -8.00 Dec/18
Saudi Arabia 3.00 Jun/16
Singapore -1.00 Sep/18
South Africa 31.00 Dec/18
South Korea 71.00 Dec/18
Spain -2.70 Dec/18
Switzerland 96.30 Dec/18
Turkey 91.50 Dec/18
United Kingdom -16.00 Dec/18
United States 54.10 Dec/18


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