Economy July 15, 2026 06:31 AM

Lula Widens Lead Over Flavio Bolsonaro as October Ballot Nears

New Quaest poll shows Lula ahead in both first-round and runoff scenarios amid recent political controversies

By Avery Klein
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A Quaest survey commissioned by Genial and released on July 9 finds President Luiz Inacio Lula da Silva increasing his margin over Senator Flavio Bolsonaro ahead of the October presidential contest. The poll reports Lula leading in both a hypothetical second-round runoff and in a first-round multi-candidate alignment, while capturing recent political developments into its context.

Lula Widens Lead Over Flavio Bolsonaro as October Ballot Nears
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Key Points

  • Quaest poll commissioned by brokerage Genial was released on July 9 and surveyed 2,004 people between July 10 and July 13 with a two-point margin of error.
  • In a hypothetical second-round runoff Lula leads Flavio Bolsonaro 45% to 37%; in a first-round scenario Lula is at 40% and Bolsonaro at 28%, with smaller shares for Ronaldo Caiado (4%), Renan Santos (3%) and Romeu Zema (2%).
  • The poll follows recent political developments cited by Quaest, including a corruption probe involving a senior Lula ally and disputes over responsibility for new U.S. tariff threats against Brazil. Potentially affected sectors include export-oriented industries and financial markets sensitive to political news.

A new poll from Quaest, commissioned by brokerage Genial and released on July 9, indicates that President Luiz Inacio Lula da Silva has extended his advantage over right-wing Senator Flavio Bolsonaro as Brazil heads toward the October presidential election.

The survey, conducted in the period between July 10 and July 13 and covering 2,004 respondents, shows Lula with 45% of voting intentions in a hypothetical second-round runoff. Senator Flavio Bolsonaro, identified as the leading opposition candidate in the poll, records 37% in the same runoff scenario.

That result represents a modest change from a June Quaest poll, which had Lula leading Flavio Bolsonaro 44% to 38% in a comparable head-to-head matchup. The poll carries a margin of error of two percentage points in either direction.

In a first-round configuration with multiple contenders, the Quaest survey places Lula on 40% of votes and Bolsonaro on 28%. Other named candidates in that scenario receive smaller shares: Ronaldo Caiado at 4%, Renan Santos at 3% and Romeu Zema at 2%.

The polling exercise is the first Quaest release after several recent political events noted by the pollster - specifically a corruption investigation involving a senior ally of President Lula and disagreements over who is responsible for newly raised U.S. tariff threats against Brazil. The poll report frames those developments as part of the immediate political backdrop.

Under Brazil's electoral rules, if no candidate achieves more than 50% of valid votes in the first round, the top two vote-getters advance to a second-round runoff. The Quaest findings therefore provide a snapshot of both initial voter preferences and likely pairings should a runoff be required.


Methodology and statistical notes

The questionnaire sampled 2,004 individuals between July 10 and July 13. The published margin of error is two percentage points either way, a standard disclosure for polls of this sample size.

The poll's timing and the list of events cited by Quaest - the corruption probe and tariff disputes - are explicitly referenced in the poll release.


Bottom line

The latest Quaest poll, issued July 9 and gathered from interviews over a four-day span, records a modest widening of President Lula's lead over Senator Flavio Bolsonaro in both first-round and potential runoff matchups, while situating the numbers amid recent political controversies.

Risks

  • Ongoing political developments cited in the poll - including a corruption investigation involving a senior Lula ally - introduce uncertainty into voter sentiment and could influence market perceptions of governance and risk, notably for export and commodity sectors.
  • Disputes around responsibility for new U.S. tariff threats against Brazil, as referenced in the poll release, create a source of geopolitical and trade-related uncertainty that could affect trade-exposed industries and investor confidence.
  • The survey carries a margin of error of two percentage points and reflects responses gathered between July 10 and July 13, which means short-term shifts in sentiment could occur outside the polling window.

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