Industrial Survey

The Industrial Survey is a monthly business opinion survey designed to capture trends in industrial activity and expectations of entrepreneurs. Carried out since 1998 and currently conducted in partnership with 25 Federations of Industry, the Industrial Survey generates results by company size, geographic regions and activity sectors of Manufacturing and Mining and quarrying industries.

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High tax load remains as the biggest challenge faced by Industry throughout the year of 2025

In the fourth quarter of 2025, entrepreneurs highlighted, among the main problems faced by the sector, the high tax load, which commonly tops the ranking of main problems, high interest rates, and insufficient domestic demand. Despite this, the evaluation of entrepreneurs on the financial conditions of the industry became less negative in the fourth quarter of 2025. Entrepreneurs no longer reported dissatisfaction with their company's financial situation that exceeded the line of 50 points, as well as progress in perceiving dissatisfaction with operational profit and greater ease of access to credit - although the latter still registered that difficulty was considered considerable.

January 27, 2025

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Methodology

Methodology (in portuguese)

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December/2025

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