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Brazil: Trade Confidence Index drops 2.8 points

Brazil's Trade Confidence Index (Icom), from Getulio Vargas Foundation (FGV), dropped 2.2 points in July compared to June and reached 95.1 points on a scale of 0 to 200. The drop came after two consecutive highs.

Business people from four of the six segments of commerce surveyed by FGV had a drop in confidence.

The Present Situation Index, which measures confidence in the present, fell 2.9 points to 105.6. The Expectations Index, which . . .

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