Brazil's industrial confidence rises to highest level since January 2013


  • World
  • Tuesday, 29 Sep 2020

RIO DE JANEIRO, Sept. 28 (Xinhua) -- Brazil's industrial confidence reached its highest level since January 2013 in September, indicating the worst is over for the pandemic-hit economy, the prestigious Getulio Vargas Foundation said on Monday.

According to a report by the economic think tank, the Industrial Confidence Index (ICI) rose 8 units in September to reach 106.7 points, the same level it had in January 2013, and marked its fifth consecutive monthly increase.

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