The city on the beach in Brazil

Brazil Business Confidence October 2020

Brazil: Business confidence continues to improve in October

The Getulio Vargas Foundation’s (FGV, Fundação Getúlio Vargas) industrial business confidence index climbed to 111.2 in October, from September’s 106.7 and marking the best reading since April 2011. As a result, the index moved further above the 100-point threshold, indicating optimism among businesses.

October’s jump came on the back of a notable improvement in firms’ assessments of the current economic situation, while their views of the future economic situation also turned more optimistic.

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 X Download Fullscreen