Industry confidence rises 1.3% in February
This article was translated by an automatic translation system, and was therefore not reviewed by people.
The Industry Confidence Index (ICI), an indicator of short-Conjuntural Survey of the processing industry, rose 1.3% in February before the previous month after rising 0.8% in January before December, as revised, informed this Monday Tuesday (2) the Fundação Getúlio Vargas (FGV).
The ICI is an indicator it uses to calculate a scale that goes from zero to 200 points, while the index is the result of a fall or rise, and that the resulting index is more favorable as the level approaches 200 points. From January to February, the indicator rose from 75.3 points to 76.3 points in the data with seasonal adjustment.
As reported, the FGV said that despite registering the second consecutive positive development, the index still reflects a very weak pace of economic activity, and the fourth smallest in the series started in April 1995, just surpassing the levels of October 1998 ( 71.2 points), December 2008 (74.7) and January 2009 (75.3), considering data with seasonal adjustment.
In comparison with February last year, the ICI reported decline of 33.33%, decline less intense than the negative rate of 36.7% found in January, on the same basis of comparison, the data without seasonal adjustment.
The ICI consists of two indicators. The first is the Current Situation Index (ISA), which was fall of 0.9% in February after rising 2.6% in January, in the series with seasonal adjustment. The second component of the ICI is the Expectations Index, which showed an increase of 3.7% in February compared with a fall of 1.5% in January, also in series with seasonal adjustment.
In comparison with February of last year, the data without seasonal adjustment, there were falls of 33.2% and 33.4% respectively for the Current Situation Index and the indicator of expectations in February this year.
The survey for the index calculation was performed between days 2 and February 26 in a sample of 1,072 companies informants.
Nuci
The level of utilization of installed capacity (Nuci) industry without seasonal adjustment was 76.9% in February, after reaching levels of 76.7% in January, according to FGV.
According to the foundation, the number of data with seasonal adjustment, the level of use of capacity in February was 77.5%, below the level of 78% recorded in January. This level for the second consecutive time, is the smallest of the series available for this type of index, with seasonal adjustment, since October 2005.
Source: State Agency
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This article was translated by an automatic translation system, and was therefore not reviewed by people.
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