Consumer confidence in Brazil rose to 43.8 in the fourth quarter of 2020, slightly up from 42.8 in the third quarter but well below 47.3 in the fourth quarter of 2019. Consumers were more optimistic regarding their financial situation (47.9 from 45.3 in Q3) and personal income (47.5 from 44.5), likely influenced by the 13th salary received during that period. Also, the willingness to make major purchases increased (55.8 vs 54.4). However, debt situation is expected to deteriorate (49.8 vs 50.7). At the same time, consumers were more concerned about inflation (71.9 vs 71.4) and unemployment (66.6 vs 65.1). source: Confederacao Nacional da Industria (CNI)
Consumer Confidence in Brazil averaged 76.29 points from 1996 until 2020, 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 February of 2021.
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.