By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – As Brazilians brace for another difficult year ahead, confidence indexes released this past week show no clear tendencies. While some, like the retail sector, are optimistic in relation to next year, others like consumer confidence and industry confidence registered declines during the end of 2016 and beginning of 2017.

The National Confederation of Industry (CNI), for example, estimates a weak growth, expansion of 1.3 percent in industry, next year. “The year 2017 will be characterized by a very difficult beginning,” concluded a special report released by CNI in December . . .

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