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.

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First Half of 2025 Closes with Lack of Confidence

The Industrial Business Confidence Index (ICEI) revealed lack of confidence from industrial entrepreneurs in every month of 2025’s first semester. In June 2025, the ICEI stood at 48.6 points, marking a 0.3-point decline from May. The downturn was driven by deteriorating expectations among sector entrepreneurs.

June 13, 2025

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Methodology (in portuguese)

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