RIO DE JANEIRO, BRAZIL - Since the end of the recession in January 2017, in only 10 of the 33 months of the period, the Economic Uncertainty Indicator (IIE-Br), calculated by the Brazilian Institute of Economics of the Getúlio Vargas Foundation (Ibre/FGV), was below the level of 110 points, a level above which uncertainty is considered high.
With the end of the recessive period, a reduction in uncertainty was expected, but the political turbulence has prevented this accommodation, shows an unprecedented breakdown of the IIE-Br, obtained by the newspaper 'O Estado de S. Paulo'.
According to Fernando . . .