Industrial confidence in Brazil drops for the third consecutive month in December

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Industrial confidence in Brazil drops for the third consecutive month in December


For the third consecutive month, the trade’s evaluation of the present situation and the upcoming months confirmed a slight worsening.

According to the National Confederation of Industry (CNI), the Industrial Business Confidence Index (Icei) fell from 51.7 factors in November to 50.8 factors in December.

Despite the decline, the sector is barely optimistic as a result of values above 50 factors point out confidence.

In a observe, the CNI reported that industrial enterprise individuals nonetheless trust, however it’s restricted and never very intense.

The December index is under the historic common of 54.3 factors. According to CNI, this . . .

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