Brazil Business Confidence January 2018

Brazil

Brazil: Business confidence stable in January

February 7, 2018

Business sentiment in Brazil stabilized in January, but remained high above the lows of mid-2015. The Getulio Vargas Foundation’s (FGV, Fundaçao Getúlio Vargas) business confidence index was unchanged from December’s 99.4 points. The index remains below the 100-point threshold that separates pessimism from optimism among businesses.

According to FGV, firms’ were less pessimistic on the present economic situation, however, were more downbeat on the future situation.

Panelists surveyed for this month’s LatinFocus report see fixed investment rising 4.5% in 2018, which is down 0.1 percentage points from last month’s forecast. For 2019, panelists expect fixed investment to grow 6.1%.


Author: Angela Bouzanis, Senior Economist

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Brazil Business Confidence January 2018

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


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