FX.co ★ Brazil Industrial Confidence Rises Slightly in October

Brazil's Industrial Entrepreneur Confidence Index (ICEI) experienced an uptick to 47.2 in October 2025 from September's 41.9. While this indicates a slight boost in sentiment, it remains below the crucial 50-point marker that demarcates optimism from pessimism. The Current Conditions Index climbed to 43.2, driven by more favorable evaluations of both company conditions, which rose to 46.5, and the Brazilian economy, which increased to 36.7. Additionally, the Expectations Index saw its third consecutive monthly rise, reaching 49.1 from 48.3, suggesting a cautiously optimistic but still less negative outlook for the coming six months. Business owners have expressed improved expectations for the national economy, reflected by a rise to 41.0, alongside a modest increase in confidence regarding their individual companies, now at 53.2.