The Industrial Entrepreneur Confidence Index in Brazil declined to 58.4 in April 2019 from 61.9 in the previous month. It was the lowest reading in six months, as the assessment for current conditions deteriorated (49.8 from 53.6 in March), of which the country's economic situation (49.4 from 54.3) and the company's situation (50.1 from 53.3). Also, future expectations worsened (62.6 from 66.1), namely regarding the company's situation (63.7 from 66.7) and the country's economic situation (60.7 from 65). Among sectors, confidence weakened in construction (56.4 from 59.8); and manufacturing (58.9 from 62.5) while strengthened in mining (61.1 from 60.1). Business Confidence in Brazil averaged 54.07 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 62.70 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 64.60 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
2019-01-23 12:20 PM Business Confidence 64.7 63.8 64.2
2019-02-20 01:15 PM Business Confidence 64.5 64.7 64.0
2019-03-22 01:10 PM Business Confidence 61.9 64.5 64.3
2019-04-22 05:35 PM Business Confidence 58.4 61.9 61.5
2019-05-20 02:00 PM Business Confidence 58.4 60
2019-06-19 02:00 PM Business Confidence 62.7
2019-07-18 02:00 PM Business Confidence


Brazil Business Last Previous Highest Lowest Unit
Business Confidence 58.40 61.90 68.50 35.00 Index Points [+]
Manufacturing PMI 52.80 53.40 53.50 41.60 [+]
Services PMI 52.70 52.20 57.10 36.90 Index Points [+]
Composite Pmi 53.10 52.60 55.50 38.30 Index [+]
Industrial Production 2.00 -2.40 37.20 -27.70 percent [+]
Industrial Production Mom 0.70 -0.70 25.10 -24.40 percent [+]
Manufacturing Production 3.80 -2.80 18.90 -17.00 percent [+]
Capacity Utilization 78.00 78.30 84.60 75.90 percent [+]
Changes in Inventories -59237.51 -7097.92 31768.86 -59237.51 BRL Million [+]
Total Vehicle Sales 170483.00 162537.00 352722.00 23705.00 [+]
Car Production 240546.00 257233.00 352531.00 2144.00 Units [+]
Car Registrations 209.00 199.00 420.00 2.00 Thousand [+]
Leading Economic Index -0.73 -0.31 3.16 -3.26 percent [+]
Small Business Sentiment 60.50 63.30 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 -9.90 0.40 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 35.00 37.00 43.00 27.00 Points [+]
Corruption Rank 105.00 96.00 105.00 36.00 [+]
Steel Production 2662.00 2933.00 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
58.40 61.90 68.50 35.00 2004 - 2019 Index Points Monthly




Country Last Previous
Australia 0.00 Mar/19
Brazil 58.40 Apr/19
Canada 54.30 Mar/19
China 50.50 Mar/19
Euro Area 0.53 Mar/19
France 102.00 Mar/19
Germany 99.60 Mar/19
India 113.50 Jun/19
Indonesia 104.71 Dec/18
Italy 100.60 Apr/19
Japan 12.00 Mar/19
Mexico 51.50 Mar/19
Netherlands 6.10 Mar/19
Russia -2.00 Mar/19
Saudi Arabia 3.00 Jun/16
Singapore -14.00 Dec/18
South Africa 28.00 Mar/19
South Korea 73.00 Mar/19
Spain -2.30 Mar/19
Switzerland 97.40 Mar/19
Turkey 102.10 Mar/19
United Kingdom -23.00 Mar/19
United States 55.30 Mar/19


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