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22/09/2017 - 12:44hs

Preview shows industry confidence going up

The August preview of an index from Brazilian think tank Fundação Getulio Vargas reached 92.3 on a 0-200 scale, in a 0.1 percentage point increase.

Rio de Janeiro – The Industry Confidence Index from think tank Fundação Getulio Vargas (FGV) remained virtually flat, going up just 0.1 percentage point in its August preview, to 92.3 points on a 0-200 scale. FGV said the index has matched its May level, following a decline in June.

Industrialist confidence regarding the current scenario, which is tracked in the Current Scenario Index, was down 0.4 percentage point. The Expectations Index, which gauges business owners’ future outlook, was up 0.7 percentage point.

*Translated by Gabriel Pomerancblum

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