The Industrial Entrepreneur Confidence Index in Brazil increased to 59.4 in August 2019 from 57.4 in the previous month, driven by an improvement in expectations over the next six months regarding the country's economic situation (62.2 from 59.6 in July) and the company's situation (64.3 from 63.4). Also, the gauge measuring the current economic situation rose to 50.7 from 45.4 in the prior month, and the company's current situation went up to 51.2 from 47.8. Among sectors, confidence strengthened in mining (59.7 from 58.3) and construction (58.8 from 58.7) while weakened in manufacturing (59.5 from 56.9). Business Confidence in Brazil averaged 54.17 Index Points from 2004 until 2019, 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 58.00 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 62.00 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
2019-05-20 05:30 PM Business Confidence May 56.5 58.4 57.8
2019-06-19 01:45 PM Business Confidence Jun 56.9 56.5 55.2
2019-07-18 02:00 PM Business Confidence Jul 57.4 56.9 56.5
2019-08-20 01:20 PM Business Confidence Aug 59.4 57.4 58.5
2019-09-19 02:00 PM Business Confidence Sep 59.4 60
2019-10-18 02:00 PM Business Confidence Oct
2019-11-20 01:00 PM Business Confidence Nov


Brazil Business Last Previous Highest Lowest Unit
Business Confidence 59.40 57.40 68.50 35.00 Index Points [+]
Manufacturing PMI 49.90 51.00 53.50 41.60 [+]
Services PMI 52.20 48.20 57.10 36.90 Index Points [+]
Composite Pmi 51.60 49.00 55.50 38.30 Index [+]
Industrial Production -5.90 7.40 37.20 -27.70 percent [+]
Industrial Production Mom -0.60 -0.10 25.10 -24.40 percent [+]
Manufacturing Production -4.40 11.60 18.90 -17.00 percent [+]
Capacity Utilization 77.20 78.10 84.60 75.90 percent [+]
Changes in Inventories 4517.46 -59237.51 31768.86 -59237.51 BRL Million [+]
Total Vehicle Sales 195854.00 181291.00 352722.00 23705.00 [+]
Car Production 266371.00 233150.00 352531.00 2144.00 Units [+]
Car Registrations 244.00 223.00 420.00 2.00 Thousand [+]
Leading Economic Index 0.30 1.10 3.22 -3.36 percent [+]
Small Business Sentiment 55.40 55.80 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 -16.30 -18.20 21.40 -24.00 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 35.00 37.00 43.00 27.00 Points [+]
Corruption Rank 105.00 96.00 105.00 36.00 [+]
Steel Production 2823.00 2751.00 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
59.40 57.40 68.50 35.00 2004 - 2019 Index Points Monthly




Country Last Previous
Australia 4.00 Jul/19
Brazil 59.40 Aug/19
Canada 54.20 Jul/19
China 49.70 Jul/19
Euro Area -0.12 Jul/19
France 101.00 Jul/19
Germany 95.70 Jul/19
India 112.80 Sep/19
Indonesia 108.81 Jun/19
Italy 100.10 Jul/19
Japan 7.00 Jun/19
Mexico 49.50 Jul/19
Netherlands 3.90 Jul/19
Russia -1.00 Jul/19
Saudi Arabia 3.00 Jun/16
Singapore -11.00 Jun/19
South Africa 28.00 Jun/19
South Korea 73.00 Jul/19
Spain -2.80 Jul/19
Switzerland 97.10 Jul/19
Turkey 98.30 Jul/19
United Kingdom -32.00 Sep/19
United States 51.20 Jul/19


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