INSUBCONTINENT EXCLUSIVE:
Confidence Index (Icei), released by the National Confederation of Industry (CNI), revealed a surge in optimism.Twenty-six out of
twenty-nine surveyed sectors expressed confidence in the future, a record not seen since October 2022.This widespread positivity stems from
improved perceptions of current economic conditions among business leaders
In recent months, their assessment of the economic landscape has steadily improved, bolstering the overall confidence index.Only three
The Icei operates on a scale where scores below 50 indicate skepticism, while those above signify optimism.Brazilian Industry Confidence
Hits Two-Year High in September
(56.7 points), beverages (56.7 points), and pharmaceuticals (56.5 points).Industrial Confidence Rebounds Across BrazilFrom August to
September, twenty-one sectors saw an increase in their Icei scores
Six sectors crossed the 50-point threshold, shifting from uncertainty to confidence.These included metallurgy, leather goods, machinery and
equipment, metal products, biofuels, and computer, electronic, and optical equipment.Regionally, industrial confidence grew across Brazil,
recent months, reached 52.4 in September
Other regions also saw increases: Northeast (2.2 points), North (1.6), Southeast (1.3), and Center-West (0.7).The upward trend in confidence
spanned all company sizes
Small businesses saw a 0.9-point increase, while medium and large enterprises both experienced a 1.7-point rise.This September result
intensified optimism across businesses of all scales
The survey, conducted between September 2 and 11, gathered responses from 1,870 industrial companies nationwide.The sample included 738
small, 678 medium, and 454 large enterprises, providing a comprehensive view of the industrial landscape.This surge in confidence across
sectors, regions, and company sizes paints a picture of a reinvigorated Brazilian industry.As the economy shows signs of recovery,
businesses appear poised for growth and innovation in the coming months.
