Recovery

FGV preview: industry confidence grows 1.5 points

T&B Petroleum/Press Office
22/08/2017 18:21
FGV preview: industry confidence grows 1.5 points Imagem: Divulgation Visualizações: 424 (0) (0) (0) (0)

The Industry Confidence Index rose 1.5 points to 92.3 points on a scale of zero to 200 in August's pre-indicator. According to the Getulio Vargas Foundation (FGV), the improvement in the index was caused by an increase in the trust of businessmen both now and in the future.

 

The Current Situation Index, which evaluates the opinion of industry entrepreneurs in relation to the present moment, increased 0.9 points in the previous one and reached 89.3 points. The Expectations Index, which analyzes their opinion on the future, increased by 1.9 points to 95.3 points.

 

The preliminary result for August indicates a drop of 1 percentage point in the Installed Capacity Utilization Level of the Industry, which was 73.7%. For the preview of August, 788 companies were consulted between the 1st and 18th of this month. The final result of the research will be announced next Tuesday (29).

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