The business confidence index was stable in December, standing at 87.2 points, the lowest level since April (85.9 points). In the quarterly moving averages metric, there was a drop of 4.9 points, the second in a row after eight consecutive months with positive results.
The index was published today (29) by the Brazilian Institute of Economics of the Getulio Vargas Foundation (Subscribe to our Premium Membership Plan. Already subscribed? Log in here
