Brazil industrial confidence surges to highest in almost 8 years -survey

BRASILIA, Sept 21 (Reuters) – Brazilian industrial confidence jumped in September to its highest in almost eight years, a survey showed on Monday, underscoring the sector’s strong rebound from the coronavirus lockdown and divergence from the services side of the economy.

The Fundacao Getulio Vargas’s national industrial confidence index for September rose to a seasonally adjusted 105.9 from 98.7 in August, according to preliminary figures, the index’s highest reading since January 2013.

 

By Jamie McGeever via Nasdaq

 

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