The Trade Confidence Index was stable in December, remaining at the level of 87.2 points, the lowest level since April (85.9 points). In the metric of quarterly moving averages, there was a decrease of 4.9 points, the second consecutive one after eight consecutive months of positive results.
The index was released today (29) by the Brazilian Institute of Economics of the Getulio Vargas Foundation (Subscribe to our Premium Membership Plan. Already Subscribed? Login Here