Industry confidence falls 1.9 point in March compared with February, says the FGV

The industry confidence index (ICI) established in the February poll fell 1.9 point relative to the given closed February to 97.1 points, informed the Getulio Vargas Foundation (FGV) on Monday, 25. As the previous, the Current Situation index (ISA) retreated 1.3 point in March, to 97.5 points, while the Expectations index (IE) retreated 2.4 points compared to February, to 96.8 points. The Capacity utilization (Nuci) industry indicated a rise of 0.2 percentage point in relation to the level of February, from 74.7% to 74.9% in March. If confirmed, will be the second breakthrough after four consecutive falls between October and January. The preview of the results of the industry Survey covers the query to 780 companies between the days 1 and 21 March. The end result of the research will be published next Friday, March 29.