Rio de Janeiro – The Economic Uncertainty Indicator measured by Fundação Getulio Vargas (FGV) increased by 14.4 points from May to June and reached 142.5 points. According to FGV, the economic uncertainty is a reflection of the political crisis triggered by the disclosure of recorded talks between business owner Joesley Batista and president Michel Temer.
According to FGV, with June’s results, the indicator returned to the same level seen right before the impeachment of former president Dilma Rousseff. From the three factors included in the measurement of the index, the one that drove uncertainty up was media influence, which increased by 14.8 points. Meanwhile, the factor that measures the expectations of the field’s experts went up 11.3 points. And the item that measures the market’s expectations was the only one that declined, dropping by 12.1 points.
*Translated by Sérgio Kakitani
