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Brazil’s economic climate improves in Q2, boosted by vaccination – FGV

RIO DE JANEIRO, BRAZIL - Brazil's Economic Climate Index (ECI), in the Latin America Survey, rose 9.9 to 82.2 points in the indicator's performance in the second quarter, compared to the preceding result, related to the first quarter.

The performance was mainly driven by improved expectations, favored by the hope for a faster pace of vaccination in the country in the coming months, explained Lia Valls, economist at the Getulio Vargas Foundation (FGV), which conducts the survey.

In practice, the current pandemic scenario is still bad in Brazil, particularly with respect to the evolution of the Covid . . .

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