Brazil Business Confidence

Last Release

Feb 28, 2025

Actual

49.1

Units In

Points

49.1

Frequency

Monthly

Next Release

Mar 12, 2025

Time to Release

19 Days 12 Hours

Highest	Lowest	Average	Date Range	Source
68.3 Jan 2010	34.5 Apr 2020	54.36 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

The Industrial Entrepreneur Confidence Index (ICEI) in Brazil remained unchanged at 49.1 in February 2025, marking the second consecutive month of lack of confidence among industrial entrepreneurs and maintaining the lowest optimism level since April 2023. This stability follows a decline from September's peak of 53.3, the highest since October 2022. Expectations for individual company performance held steady at 51.5, reflecting continued optimism for business conditions over the next six months. Broader economic expectations edged up slightly to 42.8 from January’s 42.5, but still indicate a pessimistic outlook for Brazil’s overall economy. Current business conditions rose marginally to 44.4 from 44.2, while the assessment of the current state of the Brazilian economy improved to 37.0 from 36.6.