The Industrial Entrepreneur Confidence Index in Brazil fell to 59.5 in February of 2021 from 60.9 in the previous month. It was the lowest reading since last August as expectations over the next six months regarding the country's economic situation (59 vs 59.1 in January) and the company's situation (64.3 vs 65) decreased. At the same time, the current opinion about the state of the economy (49.6 vs 53.8) and the company's situation (55.1 vs 58.3) was less favourable. source: Confederacao Nacional da Industria (CNI)
Business Confidence in Brazil averaged 54.45 points from 2004 until 2021, 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 February of 2021.
Business Confidence in Brazil is expected to be 64.00 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 62.80 in 12 months time. In the long-term, the Brazil Business Confidence is projected to trend around 63.00 points in 2022, according to our econometric models.