Brazil: Business confidence finally returns to optimistic territory in December

Business confidence improved once again in December according to the Getulio Vargas Foundation (FGV, Fundaçao Getulio Vargas). The index increased a seasonally-adjusted 1.1% over the previous month and now rests at 100.1 points, up from 99.0 points tallied in November. The index is now above the 100-point threshold, which signals that businesses are more optimistic than pessimistic. The index fell below the threshold for the first time in four years in July 2013.

Read more about Brazilian Business Confidence.

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