April 29, 20 - 4:30 pm - LABS

Trade confidence in Brazil experiences a historical plunge

The confidence of the Brazilian commerce entrepreneur, calculated by the Brazilian National Confederation of Trade in Goods, Services and Tourism (CNC), reached 120.7 points in April, down 5.3% in the monthly ticket, the second consecutive. The plummet of 7.8 points in the Commerce Entrepreneurs Confidence Index (Icec) in relation to March is also the second largest in the historical series of the indicator, according to Valor. Read more about it here.