Brazil business confidence

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Brazil business confidence: 50.1 (-2.53%)
Last Update: July 31, 2024

Brazil business confidence closed down 50.1 as of July 31, 2024 from 51.4 from the previous month and 51.1 from last year.


Brazil business confidence Analytics & Data




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Brazil business confidence

DateValues
2024-07-31 50.1
2024-06-30 51.4
2024-05-31 52.2
2024-04-30 51.5
2024-03-31 52.8
2024-02-29 52.7
2024-01-31 53.2
2023-12-31 51
2023-11-30 50.4
2023-10-31 50.5
2023-09-30 51.9
2023-08-31 53.2
2023-07-31 51.1
2023-06-30 50.4
2023-05-31 49.2
2023-04-30 48.8
2023-03-31 49.9
2023-02-28 50.6
2023-01-31 48.6
2022-12-31 50.8
2022-11-30 51.7
2022-10-31 60.2
2022-09-30 62.8
2022-08-31 59.8

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Brazil business confidence Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
business confidencebr.bizconfidence50.151.4-3-2DownDown562024-07-31

Brazil business confidence Factors

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Brazil business confidence Historical Data

The MacroVar database offers free access to historical data for the Brazil business confidence, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Brazil business confidence data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Brazil business confidence

Brazil business confidence is an indicator that reflects the level of optimism or pessimism that business owners and executives have about the country's economic prospects. It is measured through surveys and assessments of various economic factors such as sales, investment, and employment expectations. A high level of business confidence signifies that companies are likely to invest, expand, and hire more workers, which can boost economic growth. On the other hand, low business confidence can lead to reduced investment and hiring, potentially slowing down the economy. Monitoring and analyzing business confidence is crucial for policymakers and investors to understand the current state of the economy and make informed decisions.

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