Rio de Janeiro – The Industry Investment Intention Indicator slid 12.3 points in quarter one (Q1) this year from the preceding quarter. Gauged by think tank Fundação Getulio Vargas (FGV), the index scored 72.6 points, the lowest level since record-keeping began in Q3 2012. In Q1 from Q1 2015, the index was down 28.2 points.
The indicator ranges from zero to 200 and tracks industrialists’ intentions for the next 12 months. Scores below 100 points mean most businesses plan on investing less. In Q1 2016, 16.8% of companies expect to increase investments in the 12 months to follow, and 44.2% intend to trim investments. In Q1 2015, those rates had been 15.7% and 30.8%.
*Translated by Gabriel Pomerancblum
