Brazil Consumer Confidence


Consumer confidence rises for a third consecutive month in April

The consumer confidence index published by the Getulio Vargas Foundation (FGV, Fundacao Getulio Vargas) increased a seasonally adjusted 4.9% over the previous month to reach 128.7 points in April, which was above the 122.7 points registered in March. The higher reading reflected a more optimistic assessment of the current economic situation as well as improving future expectations. The FGV confidence index has a range spanning from 1 to 200 points, where 100 points is considered neutral. At the current level, the consumer confidence index sits comfortably above the 100-point threshold, which suggests sustained growth in private consumption going forward.


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Brazil Consumer Confidence Chart

Brazil Consumer Confidence April 2012

Note: Index of consumer sentiment (seasonally adjusted). The 100-point threshold represents the point above which consumers expect economic conditions to improve.
Source: Getulio Vargas Foundation.

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