Brazil Consumer Confidence


Consumer confidence picks up in June

The consumer confidence index published by the Getulio Vargas Foundation (FGV, Fundacao Getulio Vargas) increased a seasonally adjusted 2.3% over the previous month to 118.0 points in June, which represents the first improvement since February. The higher confidence reading reflected a more optimistic assessment of future expectations (+3.2% mom sa) as well as the current economic situation (+1.0% mom sa). The FGV confidence index has a range spanning from 1 to 200 points, where 100 points is considered neutral. Consequently, at the current level consumer sentiment remains elevated, which bodes well for solid growth in private consumption this year.


Sample Report

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


Brazil Economic News

More news

Search form