{"id":252426,"date":"2019-07-18T12:35:18","date_gmt":"2019-07-18T15:35:18","guid":{"rendered":"https:\/\/anba.com.br\/?p=252426"},"modified":"2019-07-19T18:39:15","modified_gmt":"2019-07-19T21:39:15","slug":"industry-confidence-up-for-second-month-on-end","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/industry-confidence-up-for-second-month-on-end\/","title":{"rendered":"Industry confidence up for second month on end"},"content":{"rendered":"<p>Bras\u00edlia \u2013 The Industrialist Confidence Index (Icei) was up 0.5 to 57.4 points in July from June, in its second straight month-on-month increment. The indicator is currently 2.9 points higher than the 54.5-point all-time average. The numbers are from a survey made public by the National Confederation of Industry (<a href=\"http:\/\/www.portaldaindustria.com.br\" target=\"_blank\" rel=\"noopener noreferrer\">CNI<\/a>) this Thursday (18). The Icei ranges from 0 to 100, with scores higher than 50 showing confidence.<\/p>\n<p>According to the survey, optimism from industrial business owners has increased as a result of an improved outlook regarding economic and business performance over the next six months. The expectations index went from 61.7 points in June to 62.1 points in July. \u201cExpectations regarding Brazil\u2019s economy were up 1 point over June,\u201d CNI Economic Policy executive manager Fl\u00e1vio Castelo Branco said.<\/p>\n<p>According to him, this improvement \u201ccould be tied to the likelihood of the Social Security reform being passed. The survey was done in the first ten months of July, at which point the reform was about to be voted on, and its moving forward was considered highly probable.\u201d The draft reform was approved July 10, and the survey ran from the 1<sup>st<\/sup> to the 11<sup>th<\/sup>.<\/p>\n<p>Perception of the current business and economic scenario worsened, going from 47.6 points in June to 47 points in July. The score remains lower than 50 points, an indication of lack of confidence.<\/p>\n<p>The Icei survey had 2,391 corporate respondents, being 942 small, 904 medium and 545 large businesses.<\/p>\n<p><strong>Translated by Gabriel Pomerancblum<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-252424\">Lucio Tavora\/AFP<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Industrialist Confidence Index climbed 0.5 percentage point in July, to 57.4 points, however perception of the current economic scenario remains negative.<\/p>\n","protected":false},"author":2315,"featured_media":252424,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[9994,6143,9995,9993,9590,5662,27188,5163,6863],"class_list":{"0":"post-252426","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-cni-en","9":"tag-confidence","10":"tag-icei-en","11":"tag-industrialist","12":"tag-industry-en","13":"tag-macroeconomics","14":"tag-producao-en","15":"tag-production","16":"tag-survey"},"wps_subtitle":"The Industrialist Confidence Index climbed 0.5 percentage point in July, to 57.4 points, however perception of the current economic scenario remains negative.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/252426","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2315"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=252426"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/252426\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/252424"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=252426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=252426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=252426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}