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.