The Industrial Entrepreneur Confidence Index in Brazil rose by 3 points to 53.1 in February 2017. It was the highest reading since September last year, as entrepreneurs became more confident about their future situation (57.5 from 54.7 in January) and were less pessimistic regarding their current conditions (44.7 from 41.2).
Confidence increased in all sectors: Manufacturing (53.8 from 50.6 in January); mining (52.6 from 50.9); and construction (50.9 from 48.2). Business Confidence in Brazil averaged 53.50 from 2004 until 2017, reaching an all time high of 68.50 in January of 2010 and a record low of 35 in October of 2015.
In Brazil, the Industrial Entrepreneur Confidence Index (ICEI) measures the current situation of businesses and its future prospects. The survey covers about 2,500 companies in construction, mining and manufacturing industries. The questionnaire is made by phone and focuses on: production trends in recent months, order books, export order books, stocks and production expectations. The indicator varies on a scale of 0 to 100 where 50 indicates neutrality, 0 indicates extreme lack of confidence and 100 extreme confidence. This page provides – Brazil Business Confidence – actual values, historical data, forecast, chart, statistics, economic calendar and news. Brazil Business Confidence – actual data, historical chart and calendar of releases – was last updated on February of 2017.