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01/11/2017 - 13:29hs
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Business owner confidence up in October

An index from think tank Fundação Getúlio Vargas climbed 2.6 points in October from September to its highest level since July 2014.



Rio de Janeiro – The business owner confidence index (Índice de Confiança Empresarial - ICE) was up 2.6 points in October from September to 90.3 – the highest score since 91.3 in July 2014. So said the Brazilian Institute of Economics at think tank Fundação Getulio Vargas (FGV IBRE), which released the October index this Friday (1st) in Rio de Janeiro.

FGV Public Statistics superintendent Aloisio Campelo Jr. said that “the more substantial increment in current scenario indicators lent consistency to the recovery in entrepreneurial confidence over the last few months.”

*Translated by Gabriel Pomerancblum

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