FX.co ★ Brazil Industrial Confidence Rises in May

Brazil’s Industrial Business Confidence Index rose by 2 points to 47.2 in May 2026, breaking a three-month streak of declines, though it remained below the 50-point threshold that separates optimism from pessimism. The Current Conditions Index climbed 2.4 points to 42.9, driven by better assessments of both companies’ current situation (up 2.2 points to 46.3) and the broader Brazilian economy (up 2.9 points to 36.1), even though overall perceptions stayed in negative territory. Meanwhile, the Expectations Index increased 1.7 points to 49.3, edging closer to the neutral 50 mark and indicating a less pessimistic outlook for the next six months. Expectations for the Brazilian economy rose 2.2 points to 40.9, while confidence in firms’ own future performance improved 1.5 points to 53.5.