Trade confidence in Brazil rises to highest level since September – FGV

Indicator rose 2.0 points in June, from 93.9 to 95.9 points

RIO DE JANEIRO, BRAZIL - The Trade Confidence Index (Icom) of the Brazilian Economic Institute of the Getulio Vargas Foundation (FGV Ibre) rose 2.0 points in June, from 93.9 to 95.9 points, reaching its highest level since September 2020 (99.6 points). On a quarterly moving average basis, the indicator rose 7.8 points, registering the second high after six months of consecutive declines.

In June, confidence increased in four of the six main trade segments and was influenced by the improved perception of the current moment. The current situation index (ISA-COM) rises 9.3 points to . . .

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