The Brazilian Confidence Index increased by 1.8 points from November to December 2017. He reached 58.3 points, the best result since November 2012, when the index quoted 58.4 points.
In November, the Business Confidence Index (ICEI) increased by 0.5 points on a month-over-month basis and hit the mark of 56.5 points. The index has been above its historical average for the third consecutive month and reached its highest point since April 2013.
The recovery trend of the Industrial Indicators survey continued in August, but lost some of its momentum. Industrial sales are down in the month (in the seasonally adjusted series), employment held steady, while hours worked and total payroll experienced a small increase.
Brazil's business climate index reached 56.0 points in October, exceeding its long-term average for the second consecutive month. Compared to the previous year (October 2016), the index therefore posted growth of 3.7 points.
The confidence of Brazilian industrial companies increased significantly in September 2017. The business climate index reached a level of 55.7 points, an increase of 3.1 points against the month of August.
The index reached the highest level since March 2013 and could therewith consolidated clearly above the important 50-point line.
The Brazilian business climate index fell in July 2017 compared to the previous month by 1.3 points to 50.6 points.
Compared with July 2016, the Brazilian business climate index shows a growth of 3.3 points. However, it is still below its historical average of 54 points. The lower confidence is an additional obstacle to the reactivation of investments in the industrial sector.
After falling for two months, the Business Confidence Index (ICEI) increased to 52.6 points in August. The index surpassed the 50-point dividing line and pointed to a rising in confidence. Even though the ICEI increased in August, it remained below its 54-point historical average.
After holding relatively steady for four months, the Business Confidence Index (ICEI) stood at 51.9 points in June, down by 1.8 points on a month-over-month basis. Entrepreneurs are still confident, but their confidence declined between May and June.
The Business Confidence Index (ICEI) has been hovering around 53.5 points since February. In May, the indicator grew by 0.6 points to 53.7 points, partially reversing April’s 0.9 point decline.
After a growth in three consecutive months, the Industrial Confidence Index (ICEI) fell 0.9 point in April compared to March. The index fell to 53.1 points, the same as in February.
Industrial confidence grew once again. The Business Confidence Index (ICEI) hit the mark of 54.0 points in March, the highest level since January 2014. The index is up by 4.0 points from the 50-point dividing line and by 16.6 points from the same month in 2016.
Brazilians take place great value to a contact person who is located in their market. This is very important in the area of investment goods; not to be imagined in the field of production and consumer goods. This has firstly a cultural and secondly a practical background.
The cultural background is that business negotiations with Brazilian companies are often based on personal relationships. Price, quality and terms are extremely important, but without a good personal relationship with the entrepreneur or the management, the chance of a successful business deal is nearly impossible.
A question that has to be answered with "Depends", like so many, when it comes to the topic of Brazil.
If you are looking for a quick success, you should surely look around for other growth markets, if they really still exist. However, if you like to do it properly and you are ready to invest to create the right structures and bring a good dose of patience, you can surely hope for a stable and sustainable growth and return on investment.
The persistent difficulties faced by industry continue to have an increasingly negative impact on investments. At 74%, the share of companies that invested in 2015 hit a record low since the survey’s historical series began in 2010. Over half of these firms (58%) failed to carry out their investment plans as intended. Economic uncertainty was the number one reason given for frustrated investment plans.
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