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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Positive expectations follow, but the industry’s performance remains in a negative field

Excluding the expectation index for export volumes, which showed stability during the period, all other indices of expectations registered an increase for the second consecutive month from January to February 2026. On the other hand, despite the rise in the indices compared to January 2026, both production and the number of employees remain below the 50-point mark, indicating a contraction in industrial activity and the labor market. The production index recorded its worst result for the month of January since 2022, while the employment index showed its worst performance for the month since 2017.

March 4, 2026

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Additional Information

Recent series

January/2026

Methodology

Methodology (in portuguese)

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