Brazil’s Industrial Resilience Tested as Confidence Slightly Improves
Brazil’s industrial sector stands at a crossroads as 2024 draws to a close. The Industrial Confidence Index (ICI) rose by 1.0 point to 99.6 in December, breaking a three-month decline streak. This modest uptick, however, masks a complex economic landscape. The Current Situation Index (ISA) dipped to 100.7 points, reflecting ongoing challenges. In contrast, the […]