No menu items!

Construction sector confidence in Brazil index drops to 96.1 points after 5 months of highs, says FGV

RIO DE JANEIRO, BRAZIL - The Construction Confidence Index (ICST) of the Brazilian Institute of Economics of the Getulio Vargas Foundation (FGV Ibre) fell 0.3 points 96.1 points, after five consecutive months of rises. In quarterly moving averages, the index was stable by varying 0.1 points.

"A more pessimistic assessment of the business in the present led to the first drop in confidence in the sector in six months. The movement reflects different perceptions of business owners in the various segments: confidence fell among Land Preparation companies, but rose again in the Construction segment.

"In any case, the . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?

Check out our other content