IBOV 186,340.46 ▲ 1.37% IPSA 10,969.49 ▼ 0.78% IPC MEX 65,110.57 ▲ 0.26% MERVAL 2,819,323 ▲ 1.32% COLCAP 2,549.16 ▼ 0.38% BVL PERÚ 60,410.88 ▼ 0.96% USD/BRL5.16▼ 0.76% USD/MXN18.07▲ 0.12% USD/CLP972.03▼ 0.10% USD/COP3,292▼ 2.26% USD/PEN3.44▲ 0.06% USD/ARS1,525▼ 0.03% USD/UYU40.24▲ 3.55% USD/PYG5,817▲ 2.25% USD/BOB11.97▲ 0.66% USD/DOP59.27▲ 0.12% USD/CRC454.26▲ 3.19% USD/GTQ7.64▲ 3.18% USD/HNL26.86▲ 0.43% USD/NIO36.62▲ 0.34% USD/VES856.92▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.72▲ 2.14% EUR/BRL5.86▼ 1.34% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 186,340.46 ▲ 1.37% IPSA 10,969.49 ▼ 0.78% IPC MEX 65,110.57 ▲ 0.26% MERVAL 2,819,323 ▲ 1.32% COLCAP 2,549.16 ▼ 0.38% BVL PERÚ 60,410.88 ▼ 0.96% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Brazil Politics - Brazil

Lula’s Approval Hits New Low as Economic Discontent Grows Across Brazil

By · April 23, 2025 · 2 min read

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A nationwide survey by Paraná Pesquisas, conducted April 16–19, 2025, reveals President Luiz Inácio Lula da Silva’s administration faces its highest disapproval rate (57.4%) since his third term began in 2023.

Approval sits at 39.2%, the first time below 40%, with 3.4% undecided. The poll, covering 2,020 voters across 160 municipalities, has a 2.2% margin of error. Regional disparities highlight challenges.

The Northeast remains Lula’s strongest base, with 50.4% approval, though disapproval there rose to 45.4%. Southern and Southeastern voters reject his government at 62.9% and 60.1%, respectively.

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Northern and Central-Western regions show the sharpest opposition, with 66.7% disapproval. Demographically, men (61.1%), evangelicals (69.7%), and those aged 25–34 (63.1%) lead the discontent.

Only voters over 60 (48.7% approval) and those with elementary education retain majority support. Economic policies dominate the backlash.

Lula’s Approval Hits New Low as Economic Discontent Grows Across Brazil
Lula’s Approval Hits New Low as Economic Discontent Grows Across Brazil.
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Despite recent measures like payroll loan expansions, import tax cuts on food, and income tax exemptions for earners below R$5,000 monthly, public sentiment remains sour.

Economic Challenges Threaten Political Trajectory

Analysts question whether these steps will stabilize prices or boost confidence ahead of 2026 elections. Critics argue inflation and sluggish growth undermine Lula’s pledges, eroding his working-class base.

Approval has plummeted 15 points since August 2023, while disapproval surged 17 points. Only 26.6% rate the government “excellent” or “good,” down from 40% two years prior.

Negative ratings (“bad” or “terrible”) climbed to 48%, with 36.7% calling it “terrible.” Another 24.4% deem performance “regular,” reflecting widespread ambivalence.

The downturn coincides with rising living costs and stagnant wages. While Lula’s team highlights tax reforms and credit access, households report minimal relief. Political analysts note his declining leverage in Congress, complicating legislative progress.

With 18 months until elections, opposition figures like Michelle Bolsonaro and São Paulo Governor Tarcísio Freitas gain traction, polling competitively against Lula in hypothetical matchups.

Paraná Pesquisas’ methodology involved face-to-face interviews, ensuring geographic and demographic diversity. Results align with trends from other firms, painting a consistent picture of eroding support.

As Lula navigates economic headwinds and partisan divides, his ability to reverse this trajectory remains uncertain, setting the stage for a contentious election cycle.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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