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Industry confidence reaches the highest level since 2012

Resumption of the economy

After measures that reorganized the country and the economy, entrepreneurs feel more confident and environment improved for investments and hirings

With Brazil back on track for growth, industry confidence in December was the best performance since November 2012. More optimism, in practice, is the first step for entrepreneurs to invest more and generate jobs in the country .

According to the institution, business confidence grew 1.8 points in the last month of the year and reached 58.3 points. The data are from the National Confederation of Industry (CNI), and were released on Monday (18).

This indicator is similar to a thermometer and the higher the score, the higher the confidence. December was the fourth month in a row that the indicator remained above 50 points.

According to the entity, the data show that entrepreneurs started to see a stronger improvement in the scenario, especially the conditions for doing business in the country. This improvement in the industrial perspective is explained in part by the measures taken by the government to reorganize the country's economy.

Source: Government of Brazil, with information from CNI