São Paulo – The number of companies which admit to have spent more in the last 12-months in relation to the immediately preceding period dropped from 37% to 31%, Q2 from Q1 this year. At the same time, the percentage of companies which claimed to have spent less increased from 18% to 24%, in the same comparison. The data are in the Investment Survey in Q2 this year and released this Friday (13th) by the Brazilian Institute of Economics (Ibre) of the Foundation Getulio Vargas.
As of the next 12-month period, it seems the downward trend in investments will continue, as 30% of the companies plan on investing more and 21% plan on investing less than in the previous 12 months. The nine-percentage-point difference between favorable and not favorable answers is the smaller in the series. In Q1 2014, these rates were 34% and 16%, respectively.
According to the survey by Ibre, 27% of the companies pointed the expansion of output capacity as the main objective for investment in the current year. The rate is five percentage points smaller than the forecast last year and is also the smaller since 2009 (24%).
*Translated by Rodrigo Mendonça