In July, the industrial confidence in Brazil fell for the first time in four months in the face of unfavorable political and macroeconomic prospects, reported the Getulio Vargas Foundation (FGV) on Wednesday (27).
FGV's data showed that its Industry Confidence Index (ICI) fell 1.7 points, to 99.5, in comparison with the previous month, interrupting a sequence of three consecutive highs.
The Current Situation Index (ISA), which measures the businessmen's feelings about the present moment of the industrial sector, fell 0.9 points, to 101.4 points, according to FGV.
The Expectations Index (IE), an indicator of . . .