The seasonally adjusted FGV Consumer Confidence index in Brazil rose by 4.3 points from the previous month to 72.5 in April of 2021, mainly due to an improvement in future expectations even though consumers remained cautious amid a worsening pandemic and associated economic difficulties faced by families. The gauge for households' expectations rose 6.7 points to 79.2 and the current situation index went up 0.5 points to 64.5.

Economic Optimism Index in Brazil averaged 91.51 Index Points from 2005 until 2021, reaching an all time high of 113.20 Index Points in April of 2012 and a record low of 58.20 Index Points in April of 2020. This page provides - Brazil Economic Optimism Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. Brazil FGV Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.

Economic Optimism Index in Brazil is expected to be 58.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Economic Optimism Index in Brazil to stand at 67.00 in 12 months time. In the long-term, the Brazil FGV Consumer Confidence is projected to trend around 70.00 Index Points in 2022 and 72.00 Index Points in 2023, according to our econometric models.

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Brazil FGV Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
72.50 68.20 113.20 58.20 2005 - 2021 Index Points Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2021-01-26 11:00 AM Jan 75.8 78.5 76
2021-02-24 11:00 AM Feb 78 75.8 74
2021-03-23 11:00 AM Mar 68.2 78 80
2021-04-28 11:00 AM Apr 72.5 68.2 64
2021-05-28 11:00 AM May 72.5
2021-06-28 11:00 AM Jun
2021-07-28 11:00 AM Jul
2021-08-27 11:00 AM Aug


News Stream
Brazil Consumer Confidence Improves in April
The seasonally adjusted FGV Consumer Confidence index in Brazil rose by 4.3 points from the previous month to 72.5 in April of 2021, mainly due to an improvement in future expectations even though consumers remained cautious amid a worsening pandemic and associated economic difficulties faced by families. The gauge for households' expectations rose 6.7 points to 79.2 and the current situation index went up 0.5 points to 64.5.
2021-04-28
Brazil Consumer Confidence at 10-Month Low
The seasonally adjusted FGV Consumer Confidence index in Brazil fell sharply to 68.2 in March of 2021 from 78 in the previous month. It was the lowest reading since May, as consumers anticipate the worsening of pandemic across the country with serious risks to employment and income. The Covid-19 immunization campaign in Brazil is still slow and the number of daily hospitalizations and deaths advances rapidly, leading states and municipalities to adopt measures to restrict movements of people. The gauge for households' expectations tanked 12.3 points to 72.5, and the current situation index fell 5.5 points to 64.
2021-03-23
Brazil Consumer Confidence Improves in February
The seasonally adjusted FGV Consumer Confidence index in Brazil rose for the first time in five months to 78 in February of 2021. Consumers were less pessimistic about spending amid the start of the immunization campaign against Covid-19 in the country and prospects of the government resuming emergency aid. The gauge for households' expectations rose 2.7 points to 84.8, and the current situation index went up 1.4 points to 69.5. "Confidence levels, however, remain low and sustaining an upward trend will depend on factors such as the speed of vaccination, the evolution of pandemic numbers in Brazil and, mainly, the recovery of the labour market, something difficult in the first half of 2021, considering the great difficulty that will again be faced by companies in the service sector, the segment that most employs in the country", said Viviane Seda Bittencourt, survey coordinator at FGV's Brazilian Institute of Economics.
2021-02-24
Brazil FGV Consumer Confidence at 7-Month Low
The seasonally adjusted FGV Consumer Confidence index in Brazil dropped for the fourth straight month to 75.8 in January of 2021, the lowest since June and compared with previous month's 78.5. Consumers remain cautious on spending amid the economic uncertainty due to a prolonged pandemic, the end of emergency benefits and still-high unemployment. The gauge for households' expectations declined 3.5 points to 82.1, and the current situation index fell 1.6 points to 68.1, the lowest since May.
2021-01-26

Brazil FGV Consumer Confidence
IBRE/FGV's monthly Consumer Confidence Survey is designed to capture the sentiment of consumers about the general state of economy and their personal finances. Happy and optimistic consumers are likely to spend more; unhappy and pessimistic consumers spend less. Consumer confidence can thus operate to induce or reduce economic growth. Monitoring consumer sentiment can produce signals about future spending and saving that are useful for anticipating what will happen to the economy in the short run. The IBRE/FGV studies obtain, among other information, consumer assessments and forecasts about the local and family economic situation at the time and for the following months, employment prospects, and intentions and likelihood of buying high-value goods in the next six months. The Consumer Confidence Survey was started in 2002, and data are collected from over 2,000 informants in seven major state capitals: Belo Horizonte, Brasilia, Porto Alegre, Recife, Salvador, Rio de Janeiro, and São Paulo.