The Industrial Entrepreneur Confidence Index in Brazil rose to 62.9 in November of 2020 from 61.8 in the previous month. It was the highest reading since February, amid the ongoing easing of coronavirus restrictions. The gauge measuring the current economic situation (55.6 from 51.9 in October) and the company's current situation (61.1 from 58.5) improved. Additionally, expectations over the next six months regarding the country's economic situation (61.2 from 60.6) and the company's situation (66.7 from 66.4) increased. source: Confederacao Nacional da Industria (CNI)
Business Confidence in Brazil averaged 54.32 points from 2004 until 2020, 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 November of 2020.
Business Confidence in Brazil is expected to be 62.70 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 63.00 in 12 months time. In the long-term, the Brazil Business Confidence is projected to trend around 62.80 points in 2021 and 63.00 points in 2022, according to our econometric models.