The FGV Consumer Confidence Index measures the level of optimism that Brazilian households have regarding the current economic situation and future expectations. Published by the Fundação Getulio Vargas, it is a key sentiment indicator for the largest economy in Latin America. High confidence levels often translate into increased consumer spending and credit expansion, which drive economic growth. Conversely, low confidence can signal a potential contraction in domestic demand.
The index is derived from the Consumer Survey (Sondagem do Consumidor), which polls over 2,000 households across major Brazilian cities. It uses a composite of the Current Situation Index (ISA) and the Expectations Index (IE) to form the final headline figure.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Sep 24, 2026 | — | 89.00 | — |
| Aug 25, 2026 | 84.70 | 88.60 | -3.90 |
| Jul 27, 2026 | 88.30 | 88.50 | -0.20 |
| Jun 24, 2026 | 88.70 | 90.00 | -1.30 |
| May 25, 2026 | 88.80 | 89.60 | -0.80 |
| Apr 24, 2026 | 89.10 | 87.00 | +2.10 |
| Mar 25, 2026 | 88.10 | 83.00 | +5.10 |
| Feb 23, 2026 | 86.10 | 88.00 | -1.90 |
| Jan 26, 2026 | 87.30 | 89.00 | -1.70 |
| Dec 22, 2025 | 90.20 | 88.00 | +2.20 |
| Nov 24, 2025 | 89.80 | 88.70 | +1.10 |
| Oct 27, 2025 | 88.50 | 89.00 | -0.50 |
| Sep 24, 2025 | 87.50 | 86.00 | +1.50 |
| Aug 25, 2025 | 86.20 | 86.10 | +0.10 |
| Jul 25, 2025 | 86.70 | 84.00 | +2.70 |
| Jun 24, 2025 | 85.90 | 86.00 | -0.10 |
| May 26, 2025 | 86.70 | 84.90 | +1.80 |
| Apr 24, 2025 | 84.80 | 85.10 | -0.30 |
| Mar 25, 2025 | 84.30 | 83.00 | +1.30 |
| Feb 24, 2025 | 83.60 | 86.00 | -2.40 |
| Jan 27, 2025 | 86.20 | 91.40 | -5.20 |
| Dec 20, 2024 | 92.00 | 95.60 | -3.60 |
| Nov 25, 2024 | 95.60 | 91.00 | +4.60 |
| Oct 25, 2024 | 93.00 | 93.80 | -0.80 |
| Sep 24, 2024 | 93.70 | 92.50 | +1.20 |
| Aug 26, 2024 | 93.20 | 92.30 | +0.90 |
| Jul 25, 2024 | 92.90 | 92.00 | +0.90 |
| Jun 24, 2024 | 91.10 | 89.00 | +2.10 |
| May 24, 2024 | 89.20 | 93.30 | -4.10 |
| Apr 24, 2024 | 93.20 | 91.00 | +2.20 |
| Mar 22, 2024 | 91.30 | 88.00 | +3.30 |
| Feb 23, 2024 | 89.70 | 90.00 | -0.30 |
| Jan 25, 2024 | 90.80 | 94.00 | -3.20 |
| Dec 22, 2023 | 93.70 | 92.60 | +1.10 |
| Nov 24, 2023 | 93.00 | 92.50 | +0.50 |
| Oct 25, 2023 | 93.20 | 97.30 | -4.10 |
| Sep 25, 2023 | 97.00 | 93.90 | +3.10 |
| Aug 25, 2023 | 96.80 | 93.30 | +3.50 |
| Jul 25, 2023 | 94.80 | 89.90 | +4.90 |
| Jun 26, 2023 | 92.30 | 89.50 | +2.80 |
| May 25, 2023 | 88.20 | 85.00 | +3.20 |
| Apr 25, 2023 | 86.80 | 85.00 | +1.80 |
| Mar 27, 2023 | 87.00 | 84.00 | +3.00 |
| Feb 24, 2023 | 84.50 | 85.00 | -0.50 |
| Jan 25, 2023 | 85.80 | 85.00 | +0.80 |
| Dec 26, 2022 | 88.00 | 85.00 | +3.00 |
| Nov 24, 2022 | 85.30 | 89.00 | -3.70 |
| Oct 25, 2022 | 88.60 | 90.00 | -1.40 |
| Sep 26, 2022 | 89.00 | 82.00 | +7.00 |
| Aug 25, 2022 | 83.60 | 80.00 | +3.60 |
| Jul 25, 2022 | 79.50 | 79.00 | +0.50 |
