Brazil’s Industry Confidence Inches Up, But A Ten-Month Funk Lingers

Brazilian manufacturers felt slightly better in October, but not enough to call it a turnaround. The Industrial Business Confidence Index rose to 47.2 from 46.2, still below the 50 line that separates confidence from lack of confidence and marking a tenth straight month in pessimistic territory. The survey polled 1,164 companies nationwide between October 1 […]