RIO DE JANEIRO, BRAZIL - Brazilian business-sector confidence in the economy rose 3 points in September to pre-pandemic levels, according to a report released by the Getulio Vargas Foundation (FGV)
FGV, a leading economic think tank, said the Business Confidence Index (ICE) reached 97.5 points in September, 1.5 units higher than in February, before the arrival of the novel coronavirus (COVID-19) pandemic.
According to the FGV, the index consolidates increases in confidence in four sectors of the Brazilian economy: industry, services, commerce and construction.
Meanwhile, the Current Business Situation Index (ISA) rose 4.4 units to . . .