Brazil’s Industry Confidence drops in February’s preliminary figures
A total of 783 companies were polled between February 1 and 16 for these preliminary figures.
The Industry Survey’s preliminary figures for February 2017 point towards a fall of 1.8 points in the Industry Confidence Index (ICI) compared to the previous month, down to 87.2 points. This result represents a drawback of part of the 4.3-point increase from January. In the quarterly moving averages metric, the index would rise 0.3 points, totaling 87.0 points.
The February preliminary result is attributed to worse considerations on the current situation and the outlook for the coming months. The Current Situation index (ISA) would fall 1.3 point, totaling 85.7 points, and the Expectations Index (IE) would drop 2.2 points, reaching 88.8 points.
The Industry Installed Capacity Usage Level (NUCI) fell 0.3 percentage points (p.p.) in the February preliminary figures, to 74.3%. In January, the NUCI advanced 1.7 points above the historical low reached in December (72.9%).
A total of 783 companies were polled between February 1 and 16 for the February 2017 preliminary figures. The complete study is available on the website, in Portuguese.
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