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.
Pessimism about the economy causes a retreat in industrial confidence
In December 2024, the Index of Industrial Entrepreneur Confidence (IECI) dropped 2.5 points, from 52.6 points to 50.1 points. The result demonstrates a transition, between November and December, from a confident state among Brazilian industrial entrepreneurs to a neutral state, that is, without confidence nor lack thereof.
December 11, 2024
