RIO DE JANEIRO, BRAZIL - More than 40% of Brazilian companies have felt the negative impact of the conflict in Ukraine, according to a survey conducted by the National Confederation of Industry (CNI). Click here for the full text of the survey.
The survey was conducted among business people from extractive industries and construction.
The negative impacts cited include increases in energy costs (58% in extractive and manufacturing industries and 72% in construction), commodity prices (64% and 61%), and interest rate increases (21% and 33%).
As for the future impact of the trade war, 42% said they expect no impact on . . .