Brazil Business Confidence


Business confidence falls again in July

In July, the business confidence index published by the Getulio Vargas Foundation (FGV, Fundacao Getulio Vargas) decreased a seasonally adjusted 0.5% over the previous month to 102.7 points. The reading reflected a fall in the present situation index, whereas the expectations index rose over the previous month. As a result of the monthly figure, the index still sits close to the 100-point threshold, indicating relatively subdued optimism levels. Moreover, business confidence remains well below the post-crisis peak of 116.5 points recorded in March 2010. Subdued confidence in the business community is likely to weigh on investment growth going forward.


Sample Report

Looking for forecasts related to Business Confidence in Brazil? Download a sample report now.


Brazil Business Confidence Chart

Brazil Business Confidence July 2012

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

Brazil Economic News

More news

Search form