The city on the beach in Brazil

Brazil Economic Sentiment June 2023

Brazil: Consumer and business sentiment improve but remain pessimistic in June

The seasonally adjusted consumer confidence index published by the Getulio Vargas Foundation (Fundação Getúlio Vargas) climbed to 92.3 in June, up from May’s 88.2. The result marked the strongest reading since February 2019. 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 94.0 in June. Up from the prior month’s 92.9. As such, the index moved closer to, but remained below, the 100-point threshold, signaling continued pessimism among industrial firms.

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