Brazil business confidence

Brazil’s business confidence decreased to 50.5 by -3.0% on November 2023 from 51.9 in the previous month. On a year on year basis Brazil’s business confidence decreased by -2.0%. Brazil’s business confidence trend is down since the current value of 50.5 is lower than the 12 month moving average of 50.58. and the 12 month moving average slope is down.Brazil’s business confidence 5-year percentile is currently at 54.0%.
A detailed analysis can be found here