Consumer confidence in Brazil came in at 42.8 in the third quarter of 2020, down from 47.3 in the last quarter of 2019. It was the lowest reading since the second quarter of 2018, amid the coronavirus crisis. Household's assessment deteriorated regarding their financial situation (45.3 vs 49.0 in Q4 2019) and future personal income (44.5 vs 50.1). Also, consumers were more concerned about inflation (71.4 vs 63.4) and unemployment (65.1 vs 56.5). Meanwhile, household's assessment about major purchases (54.4 vs 53.4) strengthened and debt situation is expected to improve slightly (50.7 vs 49.2). The CNI suspended its Q1 and Q2 reports due to the COVID-19 outbreak. source: Confederacao Nacional da Industria (CNI)

Consumer Confidence in Brazil averaged 76.98 points from 1996 until 2019, reaching an all time high of 116 points in the third quarter of 2006 and a record low of 37.90 points in the second quarter of 2015. This page provides the latest reported value for - Brazil Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Brazil Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on December of 2020.

Consumer Confidence in Brazil is expected to be 43.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Brazil to stand at 47.00 in 12 months time. In the long-term, the Brazil Consumer Confidence is projected to trend around 49.00 points in 2021 and 53.00 points in 2022, according to our econometric models.

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Brazil Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
42.80 47.30 116.00 37.90 1996 - 2020 points Quarterly


Calendar GMT Actual Previous Consensus TEForecast
2019-06-28 01:10 PM Q2 47 48.4 49
2019-09-27 01:00 PM Q3 47.3 47 49.5
2019-12-20 01:10 PM Q4 47.3 47.3 48
2020-10-01 03:00 PM Q3 42.8 47.3
2020-12-14 02:00 PM Q4 42.8 43
2021-10-01 03:00 PM Q3
2021-12-14 02:00 PM Q4


News Stream
Brazil Consumer Morale Drops to Over 2-Year Low in Q3
Consumer confidence in Brazil came in at 42.8 in the third quarter of 2020, down from 47.3 in the last quarter of 2019. It was the lowest reading since the second quarter of 2018, amid the coronavirus crisis. Household's assessment deteriorated regarding their financial situation (45.3 vs 49.0 in Q4 2019) and future personal income (44.5 vs 50.1). Also, consumers were more concerned about inflation (71.4 vs 63.4) and unemployment (65.1 vs 56.5). Meanwhile, household's assessment about major purchases (54.4 vs 53.4) strengthened and debt situation is expected to improve slightly (50.7 vs 49.2). The CNI suspended its Q1 and Q2 reports due to the COVID-19 outbreak.
2020-10-01
Brazil Consumer Confidence Steady in Q4
Consumer confidence in Brazil came in at 47.3 in the fourth quarter of 2019, unchanged from the previous period. Household's assessment improved regarding their financial situation (49.03 vs 48.90 in Q3), future personal income (50.10 vs 49.95) and major purchases (53.40 vs 52.15), likely influenced by the 13th salary received during that period. Also, debt situation is expected to improve slightly (49.18 vs 49.55). Meanwhile, consumers were more concerned about inflation (63.43 vs 61.43) and unemployment (56.50 vs 56.35).
2019-12-20

Brazil Consumer Confidence
In Brazil, the National Index of Consumer Expectation (INEC) covers about 2,000 individuals randomly chosen in the streets of Brazilian cities. The questionnaire focuses on the consumer’s current financial situation and on expectations about inflation, unemployment, wages and major purchases for the next 6 months. The consumer confidence index is a diffusion index, ranging from 0 to 100 points. Values above 50 points indicates increasing confidence while values below 50 points indicates lack of confidence.