FGV Brazil Consumer Confidence

Country:
Brazil
BRL, Brazilian real
Sector:
Consumer
Low 62.1 50
58.2
Last release Importance Actual Forecast
Previous
49.5
62.1
Next release Actual Forecast
Previous
  • Overview
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The Consumer Confidence Index is published by the Brazilian Institute of Economics (IBRE) of the Getulio Vargas Foundation (FGV). It portrays consumers' sentiment and their expectations regarding: personal expenditures, savings accounts decisions, monthly expenses, the local economic situation, the household financial situation, the job prospects, the intention to buy durable goods and other data.

When the consumers are satisfied and optimistic about the future, they tend to spend more. When they are dissatisfied and pessimistic, the consumers spend less.

Consumer confidence research follows the respondents' sentiment with the objective of mapping their future spending and saving decisions, providing useful information in anticipating the direction of the economy in the short term.

The data collected come from a group of two thousand individuals, and the survey is carried out in seven of the main Brazilian capitals: Belo Horizonte, Brasilia, Porto Alegre, Recife, Salvador, Rio de Janeiro, and Sao Paulo.

Consumer confidence has a strong impact on economic growth because it is possible to forecast the economy according to the data collected. A higher than expected value of the indicator can be considered as a positive sign for the Brazilian real quotes.

Last values:

actual data

forecast

The chart of the entire available history of the "FGV Brazil Consumer Confidence" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
May 2020
62.1
50
58.2
Apr 2020
58.2
82
80.2
Mar 2020
80.2
88.5
87.8
Feb 2020
87.8
88.9
90.4
Jan 2020
90.4
87
91.6
Dec 2019
91.6
90.5
88.9
Nov 2019
88.9
89.8
89.4
Oct 2019
89.4
92.9
89.7
Sep 2019
89.7
94.3
89.2
Aug 2019
89.2
93.8
88.1
Jul 2019
88.1
91.6
88.5
Jun 2019
88.5
87.4
86.6
May 2019
86.6
86
89.5
Apr 2019
89.5
87.8
91
Mar 2019
91
97.4
96.1
Feb 2019
96.1
99.9
96.6
Jan 2019
96.6
93
Dec 2018
93.8
93.2
Nov 2018
93.2
86.1
Oct 2018
86.1
82.1
Sep 2018
82.1
83.8
Aug 2018
83.8
84.2
Jul 2018
84.2
82.1
Jun 2018
82.1
86.9
May 2018
86.9
89.4
Apr 2018
89.4
92
Mar 2018
92
87.4
Feb 2018
87.4
88.8
Jan 2018
88.8
88.4
Dec 2017
86.4
86.8
Nov 2017
86.8
83.7
Oct 2017
83.7
82.3
Sep 2017
82.3
80.9
Aug 2017
80.9
82
Jul 2017
82
82.3
Jun 2017
82.3
84.2
May 2017
84.2
82.2
Apr 2017
82.2
85.3
Mar 2017
85.3
81.8
Feb 2017
81.8
79.3
Jan 2017
79.3
73.3
Dec 2016
73.3
79.1
Nov 2016
79.1
82.4
Oct 2016
82.4
80.6
Sep 2016
80.6
79.3
Aug 2016
79.3
76.7
Jul 2016
76.7
71.3
Jun 2016
71.3
67.9
May 2016
67.9
64.4
Apr 2016
64.4
67.1

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