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MarketsReportedLow
2.1

Brazil Commerce Confidence Slips in September as Blusinha Tax Ends

Brazil's Commerce Business Confidence Index fell from 101.3 to 100.0 in September, per CNC. The decline coincides with the end of the 'Blusinha Tax' (a tax incentive), suggesting a marginal cooling in retail sentiment. The index remains above the neutral 100 mark, indicating continued but softening optimism.

Poder3603 days agoBRCredibility 42%View source

Score Breakdown

Mosaic Score2.1
Model confidence0.5
Significance0.1
Source credibility0.4
Source

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