Economic uncertainty increases in Brazil

The Economic Uncertainty Indicator for Brazil (IIE-Br), calculated by the Brazilian Institute of Economics (FGV IBRE), rose 5.5 points between March and April 2018, totaling 113.2 points.
经济学
02 五月 2018
Economic uncertainty increases in Brazil

The Economic Uncertainty Indicator for Brazil (IIE-Br), calculated by the Brazilian Institute of Economics (FGV IBRE), rose 5.5 points between March and April 2018, totaling 113.2 points. The indicator now shows an accrued increase of 10.7 in March-April, leaving the moderately high uncertainty interval (between 100 and 110 points) to return to the high level of uncertainty of the 2015-2017 triennium.

“Economic uncertainty remains high and doesn’t seem to show signs of cooling down. In addition to internal reasons, such as the elections in October and the fiscal situation, which remains open, it seems that the world also decided to export some uncertainty to Brazil. One of the highlights is the upsurge in oil prices, Trump’s protectionist approach and the resulting tensions between the U.S. and China, and the expectation of rising inflation and interest rate in the U.S.”, said IBRE economist Pedro Costa Ferreira.

As in March, the increase in the IIE-Br in April was determined by the media and expectation components. The Media component rose 5.3 points, contributing 4.6 points for the increase in the general index in the month, while the IIE-Br Expectation component rose 4.1 points, contributing 1 percentage point to the consolidated index. The IIE-Br Market component dropped 1 percentage point, helping contain the increase in the Uncertainty Indicator, with an influence of -0.1 point.

The complete study is available on the website.

Esse site usa cookies

Nosso website coleta informações do seu dispositivo e da sua navegação e utiliza tecnologias como cookies para armazená-las e permitir funcionalidades como: melhorar o funcionamento técnico das páginas, mensurar a audiência do website e oferecer produtos e serviços relevantes por meio de anúncios personalizados. Para mais informações, acesse o nosso Aviso de Cookies e o nosso Aviso de Privacidade.