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).
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 March of 2020. source: Confederacao Nacional da Industria (CNI)
Consumer Confidence in Brazil is expected to be 42.00 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 46.00 in 12 months time. In the long-term, the Brazil Consumer Confidence is projected to trend around 50.00 points in 2021 and 53.00 points in 2022, according to our econometric models.