Brazilian business confidence rebounds to pre-pandemic levels in September


  • World
  • Friday, 02 Oct 2020

RIO DE JANEIRO, Oct. 1 (Xinhua) -- Brazilian business-sector confidence in the economy rose 3 points in September to pre-pandemic levels, according to a report released on Thursday.

The Getulio Vargas Foundation (FGV), a leading economic think tank, said the Business Confidence Index (ICE) reached 97.5 points in September, 1.5 units higher than in February, before the arrival of the novel coronavirus (COVID-19) pandemic.

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