Fresh data from pollster Datafolha shows a slight improvement in President Luiz Inácio Lula da Silva’s popularity. His approval ratings rose by one percentage point, while rejection rates dropped by the same margin. Despite falling within the margin of error, these numbers indicate a stabilization in support for the administration, which had been decreasing in recent months.
Perceptions about the economy also show stability, with more voters predicting improvement compared to those expecting a decline. Younger voters, less-educated individuals, and Northeastern residents, who tend to support the Workers’ Party, are particularly optimistic about economic prospects.
However, market forecasts for Brazil are less positive. Expectations for interest rates, inflation, and economic growth have all worsened. Despite challenges, Lula’s current approval ratings reflect a trajectory similar to his successful first term, characterized by economic growth and popular support.