RIO DE JANEIRO, BRAZIL - The Trade Confidence Index, measured by the Getulio Vargas Foundation (FGV), rose 3.2 points in August to 98.7 points from 95.5 in July. Compared to August 2018, the increase was 4.5 points. The data were released Friday, August 24th.
August recorded the third consecutive positive result, pushing the quarterly movable rate up 2.4 points, after five consecutive declines. According to Rodolpho Tobler, FGV . . .