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24/10/2017 - 14:01hs
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Industrial confidence increased in October

The index measured by Fundação Getulio Vargas increased 1.9 point in October’s preliminary results. If this result holds, it will be the highest level since April 2014, with 94.7 points.



Rio de Janeiro – The Industry Confidence Index went up 1.9 point, according to the index October’s preliminary results, as measured by Fundação Getulio Vargas (FGV). In case the figure holds, the index will reach 94.7 points this month, in a zero to 200 range, the highest level since April 2014 (97 points).

The indicator’s rise was due to an increase in confidence of the industry in the current moment. The Current Situation Index went up 4.4 points and reached 95 points. Meanwhile, the Expectations Index, which measures corporate optimism regarding the future, dropped 0.4 point and stood at 94.5 points.

*Translated by Sérgio Kakitani

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