RIO DE JANEIRO, BRAZIL - While the progress in vaccination is the main pillar on which the optimism of Brazilian investors and businessmen about the future development of the economy and the markets is based, the increase in inflation is seen as the main reason for concern.
According to a survey conducted by Swiss bank UBS between June 23 and July 9 with about 200 investors and business people in Brazil, 74% of the participants were optimistic about the outlook for the domestic scenario, an increase of 10 percentage points compared to 64% in March.
In addition to immunization, which will . . .