Brazil Business Confidence

Brazil

Brazil: Business confidence in free fall, hits lowest level in over five years

July 30, 2014

Business sentiment fell for the seventh consecutive month in July, according to the Getulio Vargas Foundation (FGV, Fundaçao Getulio Vargas) business confidence indicator. The index dropped a seasonally-adjusted 3.2% over the previous month and now rests at 84.4 points, which is down from the 87.2 points tallied in June and marked the lowest level since April 2009. The index is now even further below the 100-point threshold, which signals that businesses are more pessimistic than optimistic.

Firms were markedly more pessimistic regarding both the current and the future situation of the economy as both components of the index continued to fall in July.

LatinFocus Consensus Forecast participants see fixed investment expanding 1.0% in 2014, which is down 1.7 percentage points from last month’s forecast. For 2015, panelists expect fixed investment to expand 2.3%.


Author:,

Sample Report

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

Download

Brazil Business Confidence Chart


Brazil Business Confidence July 2014

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

  • Brazil: Economic activity quickens slightly in November

    January 16, 2020

    Economic activity rose 0.2% in seasonally-adjusted month-on-month terms in November, up from October’s revised 0.1% increase (previously reported: +0.2% month-on-month).

    Read more

  • Brazil: Retail sales disappoint in November

    January 15, 2020

    Retail sales, excluding cars and construction, increased 0.6% from the previous month in seasonally-adjusted terms in November, up from October’s 0.1% increase but notably underwhelming market analysts who had expected Black Friday sales to boost growth to 1.2%. The uptick in November was driven by stronger furniture and appliance spending—boosted by Black Friday promotions—and increased pharmaceutical and medical sales.

    Read more

  • Brazil: Inflation jumps in December

    January 10, 2020

    Consumer prices jumped 1.15% in December over the previous month, up from November’s 0.51% increase.

    Read more

  • Brazil: Industrial output declines in November

    January 9, 2020

    Industrial production fell 1.2% month-on-month in seasonally-adjusted terms in November, contrasting October’s upwardly revised 0.8% increase (previously reported: +0.3% month-on-month).

    Read more

  • Brazil: Manufacturing PMI ticks down in December

    January 2, 2020

    Conditions in Brazil’s manufacturing sector improved at the weakest pace in five months in December, with the manufacturing Purchasing Managers’ Index (PMI) edging down to 50.2 from 52.9 in November.

    Read more

More news

Search form