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5.3

Brazil Industry Confidence Falls to 44.9, Pessimism Extends to 21 Months

Brazil's Industry Confidence Index (ICEI) dropped 1.4 points to 44.9 in September, extending a pessimistic streak to 21 months. The decline signals sustained weakness in industrial sentiment, likely reflecting broader economic headwinds. This matters as prolonged pessimism may weigh on investment and growth prospects.

InfoMoney5 days agoBRCredibility 49%View source

Score Breakdown

Mosaic Score5.3
Confidence0.7
Significance0.5
Source credibility0.5

Intelligence Tags

#brazil#industry-confidence#economic-sentiment#icei#pessimism

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