In March 2025, Brazil’s Industrial Entrepreneur Confidence Index rose slightly to 49.2, indicating low sentiment and the lowest optimism since April 2023. Expectations for company performance improved mildly, while broader economic expectations also rose, though current conditions and overall economic assessment declined.
In March 2025, Brazil’s Industrial Entrepreneur Confidence Index (ICEI) saw a slight increase, rising to 49.2 from February’s 49.1. This marked the third consecutive month of low sentiment, reflecting the lowest level of optimism since April 2023.
While there was a minor improvement in expectations regarding individual company performance—a rise from 51.5 to 51.8—broader economic expectations also edged up, increasing from 42.8 to 43.0. However, current business conditions experienced a decline, decreasing from 44.4 to 44.0, and the general assessment of the Brazilian economy fell from 37.0 to 36.6.
In summary, Brazil’s business confidence, as indicated by the ICEI, experienced a slight uptick in March 2025, yet remained indicative of a pessimistic outlook overall. Although individual company expectations improved, broader economic perceptions and current business conditions deteriorated, suggesting challenges ahead for the Brazilian economy.
Original Source: www.tradingview.com
