Brazil's Consumer Confidence Hits 3-Month High

EthereumCraftsman · 2026-03-25T11:15:18+00:00

Brazil's FGV-IBRE Consumer Confidence Index rose to 88.1 in March 2026, driven by improved expectations. The Expectations Index increased notably, while the Current Situation Index slightly declined, reflecting mixed sentiments across income groups.

EthereumCraftsman

2026-03-25 11:15:18

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Brazil’s seasonally adjusted FGV-IBRE Consumer Confidence Index rose 2.0 points to 88.1 in March 2026, its highest level since December 2025. The gain was driven by improved expectations for the coming months. The Expectations Index jumped 3.4 points to 92.1, with household future financial situation rising 6.5 points to 89.4 and future local economic situation advancing 1.8 points to 105.5, both reaching December 2025 highs. Planned durable goods purchases rose 1.1 points to 82.8. The Current Situation Index fell 0.3 points to 83.2, as current local economic situation declined 1.4 points to 94.7, though current household financial situation rose 0.8 points to 72.1. Confidence improved across most income groups except those earning over R$9,600. On a three-month moving average, confidence fell 0.3 points to 87.2.

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