Brazil’s Business Confidence Index for industry (ICEI) fell across the 29 industrial sectors in November, according to a report released Thursday by the National Confederation of Industry (CNI).
The index dropped 10 points or more in nine sectors, with the biggest drop of 14.1 points registered in lumber products, while the smallest decrease of 4.9 points was seen in the beverage sector.
The largest drop was among medium-sized companies, where the index slipped from 61.2 to 51.2 points; among small companies, it fell from 58.7 to 51.3 points; and at large companies, it dipped from 60.5 to 51.8 points.— Xinhua
