IBOV 186,885.49 ▲ 0.29% IPSA 10,881.28 ▼ 0.80% IPC MEX 64,214.36 ▼ 1.38% MERVAL 2,758,678 ▼ 2.15% COLCAP 2,517.56 ▼ 1.24% BVL PERÚ 59,831.84 ▼ 0.06% USD/BRL5.22▲ 0.84% USD/MXN18.35▲ 1.58% USD/CLP984.30▲ 1.21% USD/COP3,307▼ 0.78% USD/PEN3.45▲ 0.55% USD/ARS1,524▼ 0.05% USD/UYU40.29▲ 3.66% USD/PYG5,804▲ 1.99% USD/BOB11.94▲ 2.03% USD/DOP59.50▲ 3.19% USD/CRC453.80▲ 2.74% USD/GTQ7.64▲ 3.23% USD/HNL26.87▲ 3.24% USD/NIO36.62▲ 2.66% USD/VES858.02▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.69▲ 1.81% EUR/BRL5.87▼ 0.47% 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 186,885.49 ▲ 0.29% IPSA 10,881.28 ▼ 0.80% IPC MEX 64,214.36 ▼ 1.38% MERVAL 2,758,678 ▼ 2.15% COLCAP 2,517.56 ▼ 1.24% BVL PERÚ 59,831.84 ▼ 0.06% 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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Thursday, October 1, 2026

Lula’s Approval Rating Falls to 38% on Economic Woes

By · October 25, 2023 · 2 min read

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A new survey by Genial/Quaest reveals a drop in approval for Brazil’s President Luiz Inácio Lula da Silva.

Now, 38% of those surveyed approve of his leadership. Another 29% consider his performance average.

The same percentage, 29%, disapprove of him. About 4% didn’t give an answer or were unsure.

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This study involved interviewing 2,000 people face-to-face. These interviews happened from October 19 to 22 in 2023.

With 95% confidence, the margin of error stands at 2.2 percentage points.

Compared to a prior survey in August, approval for Lula has fallen by four points. Back then, 42% of people liked his governance.

Lula's Approval Rating Falls to 38% on Economic Woes.
Lula’s Approval Rating Falls to 38% on Economic Woes.
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On the other hand, 24% didn’t approve. Another 29% felt it was average. Finally, 5% didn’t know or chose not to answer.

Lula’s personal performance approval has also declined. In August, 60% of people approved of how he was doing his job.

Now, that number is 54%. Those who disapprove went up from 35% to 42%.

Many people think the economy has worsened. About 32% feel the economic conditions have deteriorated over the past year.

This is an increase from 23% in August. Looking ahead, fewer people are optimistic. In August, 59% felt things would improve.

Now, it’s just 50%. Nearly half, or 47%, think inflation will rise. Around 40% expect unemployment to go up too.

Interestingly, Finance Minister Fernando Haddad’s approval remains stable. Currently, 26% of people approve of him, a small decrease from the last survey.

When asked to compare, Lula’s administration still fares better than his predecessor, Jair Bolsonaro.

In the poll, 47% felt Lula is doing better than Bolsonaro. Meanwhile, 10% thought it’s the same, and 38% felt it’s worse. Another 5% didn’t know or chose not to answer.

 

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

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