A CNI survey shows that the Brazilian industry has become less concentrated in the southeastern states of Brazil in the last ten years. Even so, the region still holds the majority of companies.
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The Brazilian federal government sanctioned the legal framework approved by the Legislative Branch. The new law is expected to help attract foreign investment into the sector.
The National Confederation of Industry (CNI) expects foreign sales to go down as a result of the coronavirus crisis.
The indicator from the National Confederation of Industry climbed in Q2 from Q1.
The Industrial Business Owner Confidence Index from the National Confederation of Industry hit 59.4 points in its third straight hike.
The Industrialist Confidence Index climbed 0.5 percentage point in July, to 57.4 points, however perception of the current economic scenario remains negative.
