RIO DE JANEIRO, BRAZIL - Brazil's Economic Climate Indicator climbed 5.1 points from the last quarter of 2020 to the first quarter this year and reached 72.3 points, on a scale of 0 to 200 points. The data, which reflects the opinion of experts in the country's economy, was released today, February 26th, by Fundação Getúlio Vargas (FGV).
In the first quarter, the economic climate reached the highest level since the first quarter of 2020 (98 points), but is still below the average of the past ten years (77.8 points).
The increase was driven . . .