ICEI-Business Confidence Index
As a leading indicator of industrial performance, the ICEI detects shifts in industrial production trends. The data required for building the ICEI index are collected in tandem with the Industrial Survey and the Construction Survey. Confidence indices are made available for three company sizes (small, medium and large), for the five Brazilian geographic regions, and for the different sectors of the mining and quarrying, manufacturing, and construction industries.
Brazilian industry’s confidence retreats for second consecutive time in February
The Business Confidence Index (ICEI) recorded a 1.4 decline in February 2021, standing now at 59.5 points. It is the second consecutive month of decline in Brazilian industry’s confidence. Despite the decline, the index remains above the 50-points dividing line, indicating that entrepreneurs remain confident.
February/2021
