The city on the beach in Brazil

Brazil Economic Sentiment April 2024

Brazil: Both consumer and industrial business sentiment improve in April

The seasonally adjusted consumer confidence index published by the Getulio Vargas Foundation (Fundação Getúlio Vargas) improved to a four-month high of 93.2 in April, up from March’s 91.3. As such, the index moved closer to, but remained below, the 100-point threshold, indicating milder pessimism among Brazilian consumers.

Similarly, the seasonally adjusted industrial business confidence index rose to 96.8 in April from March’s 96.5. Consequently, the index moved closer to, but remained below, the 100-point threshold, signaling marginally softer pessimism among industrial firms.

The ongoing improvement in both consumer and industrial business sentiment bodes well for private spending and investment in the industrial sector at the outset of the second quarter.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest