The economic slowdown in the second half, evidenced by various indicators, is pointed out as the main cause of the widespread reduction in confidence indexes measured by FGV Ibre in August. The negative highlight was industry, whose confidence fell 3.5 points, representing the biggest drop since August last year.
Consumers also recorded the fourth consecutive decline in confidence, with a negative variation of 3.6 points, bringing the index to 84.7 points — the lowest level since November 2022. The trade and construction sectors also registered a decline in confidence during the period.
The only sector that advanced was services, with a 1.2-point increase in August. However, according to Rodolpho Tobler, a researcher at FGV Ibre, even in this group there was no widespread growth among the segment's activities, indicating that the increase was localized.




