The seasonally adjusted FGV Consumer Confidence index in Brazil increased for the 4th straight month to 82.2 in July of 2021, the strongest in 9 months, from 80.9 in June. Economic expectations improved (+3.2 to 116.3) and the financial situation of the households is also seen better (+3.2 to 92) and propensity to buy edged up (+0.6 to 65.2). On the other hand, the gauge for the current economic situation was little changed (+0.1 to 76.6). Yet, consumers are having difficulties in recovering their financial situation, especially families with lower purchasing power, for whom is more difficult to find a job and suffering more with the higher prices, namely food, accordig to Viviane Seda Bittencourt, Survey Coordinator.
Economic Optimism Index in Brazil averaged 91.33 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 July of 2021.
Economic Optimism Index in Brazil is expected to be 73.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. 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.