Monday, April 19, 2021

After eight months of discharge, worsening pandemic erodes confidence in the Industry – Prime Time Zone

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Worst phase of Covid-19 in Brazil forces sectors, such as automotive and textiles, to paralyze its activities

Rodrigo Felix Leal / AEN-PRSince July 2020, no sector with a lack of confidence has been seen

The advance of the AIDS pandemic Covid-19 overturns the confidence of the Industry. After 8 months of discharge, the manager of Economic Analysis at CNI, Marcelo Azevedo, highlights the change in behavior from February to March. “This happens in all sectors considered in the research, whether in extraction or construction. The drop was more significant in some sectors and, in some cases, led the index to fall below 50 points. That is, for some sectors, the lack of confidence of the entrepreneur this March. Since July, there was no sector with a lack of confidence. ” The worst phase of the pandemic in Brazil forces sectors to stop their activities. Examples are automotive and textiles, even due to the closure of retail, with operating restrictions, in an adequacy of demand.

* With information from reporter Marcelo Mattos

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