Business confidence in Brazil reaches highest level since December 2013 – FGV Ibre

After reaching a third consecutive high, the average of the second quarter of 2021 exceeds that of the previous quarter by 7.2 points, bringing the entity survey.

RIO DE JANEIRO, BRAZIL - The Business Confidence Index (ICE) of the Brazilian Economic Institute of the Getulio Vargas Foundation (FGV Ibre) increased by 4.3 points to 98.8 points in June, reaching the highest level since December 2013; after the third consecutive high, the average of the second quarter of 2021 exceeded that of the previous quarter by 7.2 points.

According to FGV Ibre, another highlight in June is the services sector. "After the third consecutive expressive high, sector confidence reaches the highest level since the beginning of the pandemic. It should be emphasized that the recovery of . . .

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