Industry confidence decreases in August, according to IBRE

The preview of the Industry Confidence Index (ICI) for August - calculated by FGV's Brazilian Institute of Economics (IBRE) - decreased 0.7% compared to the final result of July, considering data free of seasonal influence. According to IBRE, the decrease of confidence was influenced both by the perceptions about the present and the expectations for the following months. For the preview on the Industry Survey, 807 companies were consulted between August 1st and 16th. The final result of the research will be published next Monday, August 26. Please click here and read the full report (in Portuguese)
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