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.

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Brazil Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
53.70 54.40 68.50 34.50 2004 - 2021 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-01-13 06:30 PM Jan 60.9 63.1 64
2021-02-19 02:30 PM Feb 59.5 60.9 58
2021-03-10 02:15 PM Mar 54.4 59.5 61
2021-04-14 02:00 PM Apr 53.7 54.4 52
2021-05-12 02:00 PM May 53.7 54
2021-06-14 01:30 PM Jun
2021-07-12 01:45 PM Jul
2021-08-11 01:40 PM Aug


News Stream
Brazil Business Sentiment Edges Down to 9-Month Low
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).
2021-04-14
Brazil Business Sentiment Falls to 8-Month Low
The Industrial Entrepreneur Confidence Index in Brazil fell by 5.1 points to 54.4 in March of 2021, the lowest level since July. The current opinion about the state of the economy (43.5 from 49.6 in February) and the company's situation (51.6 from 55.1) was less favourable. Additionally, there was a deterioration in expectations regarding the country's economic situation (52.2 from 59) and the company's situation (59.6 from 64.3).
2021-03-10
Brazil Business Morale Falls to 6-Month Low
The Industrial Entrepreneur Confidence Index in Brazil fell to 59.5 in February of 2021 from 60.9 in the previous month. It was the lowest reading since last August as expectations over the next six months regarding the country's economic situation (59 vs 59.1 in January) and the company's situation (64.3 vs 65) decreased. At the same time, the current opinion about the state of the economy (49.6 vs 53.8) and the company's situation (55.1 vs 58.3) was less favourable.
2021-02-19
Brazil Business Morale Falls to 5-Month Low
The Industrial Entrepreneur Confidence Index in Brazil declined to 60.9 in January of 2020 from 63.1 in the previous month. It was the lowest reading since August as expectations over the next six months regarding the country's economic situation (59.1 from 62.0 in December) and the company's situation (65.0 from 66.4) deteriorated. Additionally, the gauge measuring the current economic situation (53.8 from 56.8) and the company's current situation (58.3 from 60.9) weakened.
2021-01-13

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.