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Brazil Services Confidence Falls in September, Signaling Weak Q4 Growth
Valor Econômico·BR·3 days ago
Brazil's Economic Uncertainty Index (IIE-Br) fell 0.9 points to 110.8 in September, driven by a 3.7-point drop in the expectations component to 103.2, the third consecutive decline. The improvement reflects reduced dispersion in forecasts for inflation and exchange rate, signaling easing macroeconomic uncertainty. This suggests a stabilizing policy environment, though the media component remained flat, indicating persistent underlying uncertainty.
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