Economy

Industry trust rises in October, but sector continues pessimistic

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 14/10/2026, 20:24:23 UTC.

Briefings

Brazilian industrial confidence rose slightly in October, reaching 46.2 points, but remained below the 50-point threshold indicating lack of confidence. The indicator has now completed 22 consecutive months without confidence. While the Expectations Index improved to 49.3 points, signaling reduced pessimism for the next 180 days, Conditions at the Time dropped to 40 points, the lowest since July 2020. The survey covered 1,103 industrial companies across all sizes between October 1-7, with 456 small, 414 medium, and 233 large firms. Key uncertainty remains whether the recent optimism will sustain the upward trend or if conditions will worsen again.

Key points

• Industrial confidence index (Icei) reached 46.2 points in October, marking the 22nd consecutive month without confidence.
• Conditions at the Time index fell to 40 points in October, the lowest level since July 2020, driven by negative perceptions of current business conditions.

Context and limitations

Survey data collected between October 1-7 covers only 1,103 industrial companies across all sizes; results reflect current perceptions rather than long-term trends.

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