The Industrial Entrepreneur Confidence Index in Brazil went down by 0.7 points to 53.7 in April of 2021, the fourth straight month of declines and the lowest level since July of 2020 amid resurging coronavirus infections in the country. The current opinions about the state of the economy (39.5 from 43.5 in March) and the company's situation (47.6 from 51.6) were less favourable. On the other hand, there were improvements in expectations regarding the country's economic situation (53.3 from 52.2) and the company's situation (60.5 from 59.6). 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 May of 2021.
Business Confidence in Brazil is expected to be 56.30 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 58.00 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.