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Published 1 year ago

FGV: Industry confidence fell 3.6 points in November

Summary by EBC
The Industry Confidence Index (ICI), released today (28) by the Brazilian Institute of Economics of the Getulio Vargas Foundation (FGV Ibre) fell 3.6 points in November to 92.1 points. On quarterly moving averages, the index fell 2.7 points. According to the institute's economist Stéfano Pacini, this is the worst result since July 2020. “Industry confidence fell for the third consecutive month and second in a widespread way among the segments su…

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