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FGV preview shows industry confidence boosts in July

Stability

Result shows that entrepreneurs are more confident about the future

The July preview of the Industry Confidence Index (ICI) was 90.7 points, 1.2 points above the end of June, according  to the Getulio Vargas Foundation (FGV). 

With that, the preview shows that entrepreneurs are more confident about the future.

The Installed Capacity Utilization Level of Industry advanced 0.7 percentage points to 74.9% in the previous July, which, if confirmed, will be sufficient to stabilize the data.

For the preview of July, 788 companies were consulted between the 3rd and 18th of this month. The final result of the research will be announced next Thursday (27). 

Source: Portal Brasil, with information from FGV