FX.co ★ Brazil’s Consumer Confidence Edges Higher in July

The seasonally adjusted Consumer Confidence Index by FGV-IBRE witnessed a 0.8-point rise, reaching 86.7 in July 2025. This gain reverses the decline observed in the previous month and continues the positive trajectory initiated in March. The modest ascent is attributed to slight enhancements in both the current conditions index, which rose by 0.5 points to 83.4, and the expectations index, which increased by 0.7 points to 89.4, with notable improvements among lower-income households. Within the components, appraisals regarding the economy improved by 0.7 points to 94.3, and assessments of household financial situations increased by 0.3 points to 72.8. However, future outlook indicators presented a mixed picture: while the index for durable goods purchases experienced a significant jump of 10.8 points to 86.9, expectations for the economic scenario dipped by 2.4 points to 100.5, and projections for household financial conditions fell by 6.2 points to 82.4. FGV-IBRE economist Anna Carolina Gouveia notes that the data indicates a gradual recovery in consumer confidence, driven by current advancements yet still hampered by lingering uncertainties regarding future prospects.