Brazil Business Confidence Shows Modest Improvement in March 2025

Brazil’s Industrial Entrepreneur Confidence Index increased marginally to 49.2 in March 2025. Expectation for individual company performance and broader economic outlook improved slightly, while current business conditions and assessments of the economy declined.

In March 2025, Brazil’s Industrial Entrepreneur Confidence Index (ICEI) experienced a marginal increase to 49.2, slightly above February’s 49.1. This change indicates a trend of subdued business sentiment, being the lowest level of optimism recorded since April 2023.

Expectations regarding individual company performance showed a small improvement, rising from 51.5 in February to 51.8 in March. Additionally, broader economic expectations increased from 42.8 to 43.0. However, current business conditions exhibited a decline, dropping from 44.4 to 44.0, while assessments of the overall Brazilian economy fell from 37.0 to 36.6.

In summary, while Brazil’s business confidence saw a slight uptick in March 2025, it continues to reflect a cautious outlook. Improvements in company performance expectations are overshadowed by declining assessments of current conditions and overall economic sentiment.

Original Source: www.tradingview.com