Brazil Business Confidence

Last Release

Nov 30, 2025

Actual

48.3

Units In

Points

47.2

Frequency

Monthly

Next Release

Dec 11, 2025

Time to Release

24 Days 17 Hours

Highest	Lowest	Average	Date Range	Source
68.3 Jan 2010	34.5 Apr 2020	54.08 Points	2004-2025	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

Brazil’s Industrial Entrepreneur Confidence Index rose to 48.3 in November 2025 from 47.2 in October, marking the third consecutive increase but still below 50. The index for company conditions rose 0.4 points to 46.9, and for the national economy climbed 2.3 points to 39.0. The expectations index advanced 1.4 points to 50.4, showing growing optimism for the next six months. Within it, expectations for Brazil’s economy increased 2.3 points to 43.3, and for companies rose 0.7 points to 53.9. Despite the improvement, the overall confidence index has remained below 50 for eleven consecutive months, indicating continued lack of confidence though pessimism has moderated.