Industry Confidence Declines for the Third Consecutive Month, Says FGV
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Industry Confidence Index (ICI) calculated by FGV/Ibre fell 2.4 points in September, to 91.3 points, adding the third consecutive fall
The Industry Confidence Index (ICI) of the Getulio Vargas Foundation (FGV) dropped 2.4 points in September compared to August, to 91.3 points.
The Industry Confidence Index (ICI) of the FGV IBRE dropped 2.4 points in September to 91.3 points. In quarterly moving averages, the index declined 2.9 points to 94.1 points. The information was released on Monday, 28, by the Brazilian Institute of Economics of the Getulio Vargas Foundation (FGV/Ibre). In September, the confidence of the industry returned to... Read more » The post Industry Confidence declines for the third consecutive month, s…
According to Stéfano Pacini, restrictive monetary conditions, with Selic 13.75%, and an environment of greater uncertainty, which tends to grow with the elections, continue to limit more consistent recovery of the index
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