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Brazilian Industry - Confidence falls the second month in a row

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.

Reference: Confederação Nacional da Industria – CNI
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