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.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Brazil Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
59.50 60.90 68.50 34.50 2004 - 2021 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-11-13 01:30 PM Nov 62.9 61.8 62
2020-12-11 03:00 PM Dec 63.1 62.9 63
2021-01-13 06:30 PM Jan 60.9 63.1 64
2021-02-19 02:30 PM Feb 59.5 60.9 58
2021-03-10 01:30 PM Mar 59.5
2021-04-14 12:30 PM Apr
2021-05-12 02:00 PM May
2021-06-14 01:30 PM Jun


News Stream
Brazil Business Morale Falls to 6-Month Low
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.
2021-02-19
Brazil Business Morale Falls to 5-Month Low
The Industrial Entrepreneur Confidence Index in Brazil declined to 60.9 in January of 2020 from 63.1 in the previous month. It was the lowest reading since August as expectations over the next six months regarding the country's economic situation (59.1 from 62.0 in December) and the company's situation (65.0 from 66.4) deteriorated. Additionally, the gauge measuring the current economic situation (53.8 from 56.8) and the company's current situation (58.3 from 60.9) weakened.
2021-01-13
Brazil Business Morale at 10-Month High
The Industrial Entrepreneur Confidence Index in Brazil rose to 63.1 in December of 2020 from 62.9 in the previous month. It was the highest reading since February, amid the ongoing easing restrictions and optimism around coronavirus vaccines. The gauge measuring the current economic situation (56.8 vs 55.6 in November) and expectations over the next six months regarding the economy (62 vs 61.2) improved. Meanwhile, current opinion about the company's situation (60.9 vs 61.1) and expectations over the next six months regarding the company (66.4 vs 66.7) deteriorated slightly.
2020-12-11
Brazil Business Morale Rises to 9-Month High
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.
2020-11-13

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.