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RIO DE JANEIRO, BRAZIL - Brazil's industry confidence rose 1.8 points in December to 114.9 points, reaching the highest level in more than 10 years, an economic research center said Monday, December 28th.

The Industrial Confidence Index (ICI) rose in December to the highest level since May 2010, when it peaked at 116.1 points, according to the Getulio Vargas Foundation (FGV).

With the December result, the average ICI for the fourth quarter of the year climbed to 113.1 points, 14.7 points above the third quarter average of 98.4 points.

After it hit bottom in . . .

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