Brazil Business Confidence

Last Release

Jun 30, 2025

Actual

48.6

Units In

Points

48.9

Frequency

Monthly

Next Release

Jul 11, 2025

Time to Release

26 Days 13 Hours

Highest	Lowest	Average	Date Range	Source
68.3 Jan 2010	34.5 Apr 2020	54.25 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 (ICEI) fell to 48.6 in June 2025 from 48.9 in May, extending a pessimistic trend seen throughout the first half of the year. The decline was driven by worsening expectations, particularly regarding the Brazilian economy. The Expectations Index slipped to 50.9 in June from 51.3, reflecting increased uncertainty. The drop was largely due to growing pessimism about the national economy, with the Brazilian Economy Expectations Index falling 0.8 points to 41.7. Meanwhile, the Business Expectations Index edged down 0.3 points to 55.5 but remained in optimistic territory. The Current Conditions Index stood at 44.1 in June, virtually unchanged from May (44). The sub-index for current conditions of the economy (37.4 vs 37.3) and businesses (47.5 vs 47.3) also remained mostly stable but pessimistic.