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.
Business confidence starts 2020 on a high note
The Business Confidence Index (ICEI) hit the mark of 65.3 points in January 2020. The upward trend in optimism that has been in place since June 2019 is reinforced by the January data. The index is at its highest point since June 2010, and is up by 10.5 points from its historical average.
January/2020
