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Brazil Business Confidence
Last Release
Apr 30, 2024
Actual
51.5
Units In
Points
Previous
52.8
Frequency
Monthly
Next Release
May 13, 2024
Time to Release
25 Days 8 Hours
Highest | Lowest | Average | Date Range | Source |
68.3 Jan 2010 | 34.5 Apr 2020 | 54.52 Points | 2004-2024 | Confederacao Nacional da Industria (CNI) |
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.
Latest Updates
The Industrial Entrepreneur Confidence Index (ICEI) in Brazil deteriorated to 51.5 in April 2024, down from 52.8 in the previous month. Expectations for the next six months decreased (54.4 vs 55.4 in March), while current conditions were viewed more negatively (45.7 vs 47.57), reflecting pessimism regarding the Brazilian economy (41.4 vs 44.1) and a negative shift in evaluations of the companies themselves (47.9 vs 49.2).
Brazil Business Confidence History
Last 12 readings
