Entrepreneurs maintains negative view of industrial sector for the third consecutive month, says CNI

by Andrea
0 comments

Index registered a slight high, from 49.1 to 49.2 points, but remains below the 50 mark, which indicates a balance between confidence and distrust

This Raeng/Unsplash
Recent Disclosure of Gross Domestic Product (GDP) for the fourth quarter showed a slowdown in economic activity

The March Industrial Entrepreneur Confidence Index (Icei), released by, reveals that industrial entrepreneurs maintain a negative view for three consecutive months. The index registered a slight high, from 49.1 to 49.2 points, but still remains below the 50 mark, which indicates a balance between confidence and distrust. The recent dissemination of the fourth quarter showed a slowdown in economic activity, which generated uncertainties among entrepreneurs. In addition, the decrease in families consumption has contributed to this climate of pessimism in the sector.

Regarding current conditions, the index had a slight deterioration, falling to 44 points. On the other hand, the expectation index had an increase, reaching 51.8 points, reflecting an optimistic perspective of industrialists in relation to the future of their companies, even in the face of a negative assessment of the economy in general. Claudia Perdigão, CNI expert, points out that entrepreneurs’ confidence should remain below 50 points over 2025, influenced by the restrictive monetary policy. The survey that based on this data was conducted between March 6 and 12, involving 1,189 companies in the industrial sector.

Posted by Sarah Paula

*Report produced with the aid of AI

source

You may also like

Our Company

News USA and Northern BC: current events, analysis, and key topics of the day. Stay informed about the most important news and events in the region

Latest News

@2024 – All Right Reserved LNG in Northern BC