24.06.202611:16:59UTC+00Brazil's Consumer Confidence Remains Stable

Brazil’s seasonally adjusted FGV-IBRE Consumer Confidence Index edged down by 0.1 point to 88.7 in June 2026, from 88.8 in May. Overall sentiment remained broadly stable, but underlying components moved in opposite directions.

Expectations for the coming months weakened, with the expectations index slipping 0.9 points to 90.4. In contrast, assessments of current conditions improved, rising 0.9 points to 87. This was the third consecutive increase and the highest reading since October 2014.

Intentions to purchase durable goods declined (80 vs. 83), and views on households’ future financial situation also deteriorated (87.7 vs. 89.4), indicating greater pessimism about future spending and income. However, confidence in the current financial situation improved (79 vs. 81.3).

By contrast, expectations for the local economy in the future strengthened, with that index climbing 2.4 points to 105.3, while perceptions of the current local economic situation eased slightly, falling 0.4 points to 95.4.

Across income brackets, confidence rose among lower-income households, while it declined among consumers with monthly incomes of R$4,800 or more.