Brazilian Industry Confidence Hits Highest Level Since March 2018

Performance remains stable for entrepreneurs.

RIO DE JANEIRO, BRAZIL - The Industry Confidence Index, measured by the Getulio Vargas Foundation (FGV), was up 1.5 points from December 2019 to January this year. The figure reached 100.9 points, the highest since March 2018 (101.4 points).

Confidence rose in 13 of the 19 industrial sectors surveyed by the FGV. The January hike was boosted by industrialists' expectations, measured by the Expectations Index which rose 2.8 points. The assessment of the business environment evolution over the next six months contributed the most to this hike in expectations.

Entrepreneurs' assessment of the present moment, as measured . . .

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